ARL
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2.56% 40.0¢ ardea resources limited

Reply from Dr Matthew Painter re the PFS

  1. cobalt play
    1,510 Posts.
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    29/03/18
    14:41
    Post #: 32122132
    Much appreciated RED....Thank you too Matt..With more and more entities deciding to enter into agreements for cathode material at earlier stages i.e. PFS or even SS, what may transpire in the very near future for ARL should be very exciting indeed..
    Last edited by cobalt play: 29/03/18
    ARL Price at posting: $1.27 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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  3. 1trader
    5,487 Posts.
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    29/03/18
    15:01
    Post #: 32122975
    In the text it shows.......

    • Nickel: US$0.42 x 0.223 = US$0.09 or 9 cents per pound of nickel sulphate
    • Cobalt: US$0.42 x 0.205 = US$0.08 or around 8.5 cents per pound of cobalt sulphate
    in the table it shows nickel sulphate
    Column 1 Column 2
    0
    US$/lb​
    8.84​

    and cobalt sulphate

    Column 1 Column 2
    0
    US$/lb​
    41.63​
    ARL Price at posting: $1.27 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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