ARI 12.5% 2.7¢ arika resources limited

Ann: China NFC Zinc Project Study Delivers Positive Results, page-25

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  1. 1,887 Posts.
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    Yes, definately undervalued IMO mate.

    I suppose there is the skepticism of some, in believing that the company can pull off a BA for a project of this magnitude, despite the incredibly positive results we’ve had to date. This includes massively de-risking the project in terms of ROI and reduction of costs/timelines for subsequent studies.
    Nevermind that the company’s zinc portfolio goes beyond AB and we also have potential upside in Cobalt and lithium too...... all 3 sectors are hot.

    Matt and the team’s track record speaks volumes.... those of us who have been here for a while can attest to that.

    At $20M odd MC, the company is severely undervalued when you weigh up risk vs reward, or compare the company to it’s junior peers on the ASX.

    I’m expecting a massive year for the company and holders.
    Hopefully a BA isn’t far off and we can add some cracker lithium/Cobalt results to the mix.



    Cheyne.
 
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