ARL 3.75% 38.5¢ ardea resources limited

Ann: Outstanding cobalt and nickel results, Goongarrie South, page-112

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  1. 305 Posts.
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    they will if the dont focus on big tonnes low grade Ni Co SC resource (dont care about 100Mt at average low grade) rather more modest size high grade zones within low grade envelope leave moderate and low grade for later years plus have lower capex smaller operation to start with.
    I would expect >0.2% Co, >1% Ni and >60g/t SC COG for feed that should make decent margins. See what CLQ and AUZMLM doing.
 
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