Clearly a CLQ sell job in that article. Most analysts seem to think the main growth in demand for battery raw materials will be nickel sulphate not Cobalt, driven by cathode chemistries that are moving already to 6-2-2 and 8-1-1. In my view, nickel sulphate is likely to be the driving force in the coming years with cobalt growing at a much smaller pace.
In my view, ARL has a very bright future and if Sam is correct about the very high interest in CLQ, I can only imagine the level of interest in ARL which has a much lower market cap and in my view is a more attractive proposition because of its ore body and ore composition - not to mention the gold or the very tightly held register.
Please DYOR and good luck to all long term holders. Our turn will come!
ARL Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
