ARL 2.56% 40.0¢ ardea resources limited

Ann: Outstanding PFS for the Goongarrie Nickel Cobalt Project, page-31

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  1. 5,633 Posts.
    lightbulb Created with Sketch. 479
    Conservative rate of return? They have assumed a 3.5x higher rate of return from their cobalt. The IRR is derived from the figures that they assume.

    Im not sure you understand the calculations behind these things and how they work. Im not trying to be a prick but this news has been sold because it isnt good.
 
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