ARL vs AUz vs CLQ, page-128

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Flippa01

3,068 Posts.

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06/10/19

19:29

Post #: 40748258
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Originally posted by RED328 ↑

What's your point Flippa ?
Are you trying to say that we should sell up here and go buy AUZ.
Are you trying to say ARL has not done the work.

The ARL DFS and BFS are not published BECAUSE we are waiting for the partnership to establish initially, once that is done the size of plant and magnitude of operation will be decided according to need, That need could be a magnitude of multiples of the 2.25mt Scoping Study released, Yes ARL is that big.
From that solid base of information a DFS / BFS will be finalized and put to you and all others.

It is ARL managements intention to do the work once, thus get it right first time around without cost and time to rework assumptions.
The BOD has massive work commitment, they are working on the Goongarrie resource and KPMG partnership process, as well as the NSW resources and IPO. If that was not enough they are working on the other WA resources adding shareholder value as well.

ARL does have the correct drilling densities required for JORC, We already have enough JORC reserve to proceed to mining, the Goongarrie project has higher cut off grades and a 25 year minimum life of mine.

You can be 100% assured that KPMG and the KPMG partnership recruitment process has all of the very latest drill data you are waiting for.
KPMG has everything needed in the data-room for a very smart, informed prospective partner to decide on whether they want a piece of ARL or not.
All prospective partners have access to the BOD and management for clarification on any matter as well.

ARL is not looking for a cheap and easy offtake customer, we are looking for a real long term partnership with buy in and money on the table.

For your information, there is a resource upgrade coming soon, the work has been done and the drilling completed to accurately claim additional JORC resource. Because you haven't seen it does not mean it doesn't exist.

The choice for you is, do you buy or not.
I respect your decision.
RED

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Also Red
You appear to be treading dangerous ground here as you are implying that you have inside information not available to market with a few of your statements that are not put as opinions.
You appear to know a Resource Update coming soon
You state 100% assured KPMG and such have all drilling reults not available to market.
You are either big noting yourself or you do have this info, note again implying insider trading.

ARL Price at posting: 51.0¢ Sentiment: None Disclosure: Not Held
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Last 41.0¢		Change 0.010(2.50%)		Mkt cap ! $81.86M

Open	High	Low	Value	Volume
40.0¢	41.0¢	40.0¢	$1.304K	3.194K

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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