ARL 3.23% 48.0¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-86

  1. 34,336 Posts.
    lightbulb Created with Sketch. 9075
    Thanks for your explanation.

    But, @nihilism (another very respectful poster with engineering background), posted last week, 'sulphides are not much cheaper than laterites, sulphides are easier to process; laterites are easier to mine but hard to process'. (thanks nihilism)

    sul.png


    KNP (ARL/ex-HRR) had a hostile takeover from nearby company whom owned a HPAL plant. They are now in care and maintenance and the company seems on the verge of wind up.
    ARL might be lucky to pick that HPAL for a small outlay.


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