Yes Sally_Will, the gold is a sleeper. But the Board always mentions something about them when it reports. Perhaps there will be more details in the Q2 report in about 6 weeks time. Mining/processing of nickel/cobalt is so different to the mining/processing of gold, I just can't see ARL trying to do both at the same time. Somethings got to give. But the Board is very clever, so can't exclude any possibilities. Takeover? Will need to be a very very big offer, IMHO. Good luck.
Largest cobalt resource with lowest valuation, page-2568
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Last
45.0¢ |
Change
0.020(4.65%) |
Mkt cap ! $89.85M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 44.5¢ | $47.76K | 105.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22727 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 4866 | 1 |
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| Last trade - 14.56pm 02/09/2024 (20 minute delay) ? |
| ARL (ASX) Chart |