ARL

5.21%

50.5¢ ardea resources limited

Production in 2023, what gives?, page-24

First 24 Last

Share
Profile

Follow
xGenesis

781 Posts.

136

05/04/18

11:55

Post #: 32239294
Share

Originally posted by ebner ↑

I own both stocks. Both companies will make tons of money for their shareholders if they are successful achieving their business plan. The bottom line for both is whether they successfully produce the quantities of nickel and cobalt sulphate that they say they can in the time period they say they are going to. Selling it will not an issue for either of them. Their deposits are very comparable, I'd say Ardea's is somewhat better, just more quantity, but the difference doesn't matter, what matters is how fast and how much they can produce. Right now CLQ is 18 months ahead at least. They will produce their DFS by 6/18, compared to CLQ 12/19. Once the DFS is complete, CLQ should be off the ground running building their mine. Since getting all the way to full production is the key for both these companies, CLQ is substantially lower risk for a variety of reasons. Some of those reasons pertain to their 18 months lead, their already mostly in place financing, their twin billionaire owners, their binding off take, their complex web of relationships including deep chinese connections, etc. That lower risk is given a lot of value in their stock price, as it should, especially due to the rewards for success. There is also their technology, which has a lot of potential, but I doubt is given much value in their present stock price, as there is no buzz outside the company that their technology is "breakthrough", they will have to demonstrate that before it shows up in their stock price IMO. ARL has more properties, a bigger resource, and its much lower market cap gives it much more potential for multi bagger appreciation if they can pull off their plan.

Expand

I think it should be noted as per ARL presentations they have estimated they are 16Months "Maximum" behind CLQ based on CLQ's DFS release Q4 2017.

The gap is there though maybe not as big as everybody thinks.

ARL Price at posting: $1.17 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

RCE

Recce's R327 found effective against E.coli during clinical trial

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Microcap Wrap: 5 explorers with news out today

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 38 more messages in this thread...

First 24 Last

Add ARL (ASX) to my watchlist

(20min delay)
Last 50.5¢		Change 0.025(5.21%)		Mkt cap ! $100.8M

Open	High	Low	Value	Volume
49.0¢	52.0¢	48.5¢	$19.80K	39.06K

Buyers (Bids)

No.	Vol.	Price($)
1	2464	50.5¢

Sellers (Offers)

Price($)	Vol.	No.
52.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	4	0.480
3	20212	0.465
1	2000	0.460
1	2000	0.450
1	2222	0.440

Price($)	Vol.	No.
0.540	50950	1
0.560	15000	1
0.595	6009	1
0.605	4789	1
0.620	3225	1

Last trade - 15.59pm 28/06/2024 (20 minute delay)

ARL (ASX) Chart

Production in 2023, what gives?, page-24

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Recce's R327 found effective against E.coli during clinical trial

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Microcap Wrap: 5 explorers with news out today

Ava Risk Group expands US presence with A$0.7M Substation Deal

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Production in 2023, what gives?, page-24

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Recce's R327 found effective against E.coli during clinical trial

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Microcap Wrap: 5 explorers with news out today

Ava Risk Group expands US presence with A$0.7M Substation Deal

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News