Guys, just got fresh news today. Large scale drilling is going to take place on current project. Ardea wants 4 drill rigs on site and they wanted initially drill total 200 000 m. Now they've pulled back to 50 000 m. It still means about up to 4 months of drilling. Decision was on hold because of JC due diligence. Now drilling permit is close.
What is that drilling about ? They are going to control grade, that gives more accurate information, where is more ore/nickel and where is waste, because every move costs a lot of money. According to words, what we all know anyways, that open cut mine is gonna be enormous.
ARL Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held
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