AJ...I am long ARL. But the market is killing people whose production is way out in the future.
In my opinion ARL is not getting market cap because of the lead times.
ARL will not produce before 2022, at best; and they will have typical HPAL costs,
unless something dramatic happens.
Right or wrong, that is one reason why "Speed to Production Matters", see post with that title.
Ann: March Quarterly Activities and Cash Flow Report, page-32
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Last
41.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.99M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.0¢ | $2.556K | 6.378K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 561 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 2908 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |