ARL 1.25% 39.5¢ ardea resources limited

ARL vs AUz vs CLQ, page-112

  1. 2,822 Posts.
    lightbulb Created with Sketch. 753
    actually it's probably also worth pointing out to calculate it's updated ore reserve, that AUZ use a 0.4-0.45 nickel cut off grade and this is calculated using a Ni price of $27k, Co $93k.

    ARL used a 0.8 nickel equivalent cut off and Ni price of $18k, Co $120k.

    which is why our feed grade is so much higher and economics so much better.

    looking forward to resource upgrade, not that we need it
 
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