CLQ is a laterite Nickel with good Cobalt grades pushing a prop filtering technology without proven ommercial success yet. What type of Nickel is ARL?
@the squash
It’s an explorer conference but WSA/IGO were present. You would expect gold specs to come out firing with gold price coming back.
A few more innovative battery explorers having a go but like the sentiment in this sector, their SP were anchored down.
What was interesting was a lady consultant discussing metallurgy as probably more important in the early process that should be incorporated into mine and process designs instead of relying on assumptions. She started referring Nickel laterites and the different types and I’m wondering if it’s a dig on Murin Nurin.
Regardless of the non core Cobalt exposure, the market is painting CLQ ARL with the same Cobalt brush I’m afraid. Good luck.
ARL Price at posting:
44.0¢ Sentiment: None Disclosure: Not Held
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