MCR Takeover - what it means for ARL, page-22

Some companies with Laterites just dont have the grades to make building a Billion dollar plant (or whatever) viable. And to make a good profit annually. Also depends on a lot of other variables eg open cut , underground, type of soils etc etc, Wont name the company but some have laterites in clay, rock, sand all different processes to extract, creating harder difficult expensive processes. Nothing to be scared about with Laterite if you have the grades and all the other variables to make it all viable. Many profitable Laterite nickel mines are in operation.I think new technology is the key for some with the lower grades and difficult processes.. Im sure its just around the corner.?? Im interested to see when it happens , Do your research. GLTAH