ARL 3.30% 47.0¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-32

  1. 5,978 Posts.
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    Hi Juno, it's nice to see you in here !

    CLQ went up from similar market cap to > $400mil now. Their Capex is nothing less than $500mil. I think they need even more, like $700mil something. But it didn't stop the SP rose from 3c to 80c.

    If CLQ is not a good reference, then how about GGG ? Their capex is billions $$ & it still didn't stop them sitting on almost $200mil market cap.

    I think ARL has lots of room to run still. Full steam ahead
 
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