BE
I did post some figures here on 27th May 2018 - post number 33328553 as follows;
Sally_Will said: ↑
xGenisis - RED328-schmunzel75 & other holders interested.
I can't vouch for 100% accuracy but I have had a go.
The following figures are based only on what we know or as announced by Ardea.
The calculations are reasonably accurate, others may have a different perspective and for those that don't hold any ARL shares, then don't tell us that in ground value is of no importance. The one thing the ARL - IGV does is, it dwarfs most others.
It is far better to have an IGV than nothing at all. It is a starting point and even IGV's are sold.
Using the 2017 Annual Report for Ni - Co (703 M/t @ 0.05% Co and 0.71 Ni) and the 15th February ASX announcement for 35 g/t Sc (at a bit of a guess Sc value for intervals of >0.5% Ni.
Current Sc price is $4,200/kg, but once KNP is producing Scandium then it alone would account for current world consumption each year, so again, on a guess, assume Scandium price plummets to
$1000/kg.
Cobalt IGV. = AU $ 48,000,000,000
Nickel IGV = AU $ 101,000,000,000
Scandium IGV = AU $ 55,000,000,000
Un reported Co, Ni, Sc - TBA by ARL
Other metals -TBA by ARL
Total In-Ground Value so far = AUD$ 200 billion + That's world class by any yardstick.
ARL trading at 0.07% of in-ground value.
Calculations based on AUD @ .75
- Forums
- ASX - By Stock
- ARL
- Pertinent market/industry news/articles
Pertinent market/industry news/articles, page-440
-
-
- There are more pages in this discussion • 5,190 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
45.0¢ |
Change
0.020(4.65%) |
Mkt cap ! $89.85M |
Open | High | Low | Value | Volume |
46.0¢ | 46.5¢ | 45.0¢ | $32.32K | 70.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31138 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 872 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31138 | 0.430 |
2 | 1700 | 0.420 |
1 | 60240 | 0.415 |
2 | 34390 | 0.410 |
1 | 25000 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 4819 | 3 |
0.455 | 1500 | 1 |
0.460 | 3720 | 1 |
0.470 | 50000 | 1 |
0.475 | 3700 | 2 |
Last trade - 11.00am 02/09/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online