First off- another good step for us at ARL.
We can look to Poseidon’s market cap compared to their resource to see just how highly the market rates sulfide. They’re up over $500 a tonne if I’m not wrong. Not saying we will become a sulfide mine but it surely won’t hurt our valuation when the DRS ties it all together!
To your post:
Whether it is or not, let’s be realistic.
Very hard to keep anything 100% secret in this world.
I’ve long thought the hotdog vendors on Wall Street must have made some really ‘smart’ trades over time- by them gauging the mood of their customers each day.
Let’s paint a scene:
Drillers etc go to the pub in Kalgoorlie. Everyone knows what they’re working on or at least where they are working.
One week they order a pie, chips and a middie of VB ( small size glass of one of our cheapest beers for our foreign friends ), for lunch.
The next week they’re asking if there’s any lobster being brought in as they order some jugs of foreign beer while on the phone to the local drill rig ( or whatever ), dealer to enquire about buying some nice new equipment…
The world really isn’t that complicated.
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $79.87M |
Open | High | Low | Value | Volume |
39.0¢ | 40.0¢ | 38.5¢ | $17.98K | 46.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 76960 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 72533 | 3 |
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No. | Vol. | Price($) |
---|---|---|
1 | 76960 | 0.390 |
1 | 48085 | 0.385 |
2 | 6500 | 0.380 |
2 | 15686 | 0.375 |
1 | 8000 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 32383 | 1 |
0.410 | 4000 | 1 |
0.440 | 16590 | 1 |
0.450 | 22000 | 2 |
0.470 | 660 | 1 |
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