CLQ doesn't have more cobalt and nickel than ARL, they have less. CLQs high grade cobalt zone is about twice that of ARLs. CLQ is about 18 months ahead of ARL in regards to production of cobalt and nickel sulphate. Cleanteq is a tech company. The market expects it to generate revenue from its water purification and mineral extraction technologies, which have blue sky potential. ARL will never catch up to CLQ, IMO, but it doesn't need to. ARL at U1 billion, and CLQ at U3billion will work just fine for everybody.
Largest cobalt resource with lowest valuation, page-2255
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $95.84M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 49.0¢ | 47.0¢ | $31.02K | 64.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 8826 | 1 |
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| Last trade - 15.36pm 27/06/2024 (20 minute delay) ? |
| ARL (ASX) Chart |