Ann: 2019 AGM Presentation, page-7

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schmunzel75

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29/11/19

21:28

Post #: 41720446
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Originally posted by ClockworkSmurf ↑

My try at a snap shot for the info hungry but time poor among us:
There is a lot to digest- even for an ever hungrier world.

In the above we see quite a lot of 1~% nickel strikes so the declared average of 0.7% looks very safe.

In the above we see that that an existing railway line, power line & optic fibre line that crosses the Goongarrie tenements.

The picture above shows no drying necessary as there is no smectite clays, in two words? Higher efficiency.

We also note the highly soluble in PAL, low acid consumption, excellent rheology, pulp density- which means lower CAPEX and lower OPEX when compared to our peers.

We also note that neutraliser is recovered during mining- now from the top of deposit as opposed to the bottom. Another saving as we don’t need to import limestone & the strip ratio ( how much we need to dig to get the goodies ), is lowered.

Above we see that one of the major gold bearing structures of the WA goldfields runs through the GNCP ( or should we say our GNCP? ).

In this last pic above this we find a VMS system identified at Emu Lake. That is in addition to the same location plus the Bedonia, Highway and Ghost Rocks tenements having nickel sulphide ( copper- PGE ), potential which is being assessed.

Lastly we see in that the fact we are considering a JV ( Joint Venture ), for the Perrinvale, Mt. Zephyr/Darlot East & Bedonia tenements. That is yet another display of the realistic approach of our Board.

There are of course other things to find in the report but these were some highlights for me.

In conclusion, ARL truly has an array of potential JV offerings which mean we will be attractive to either a very large miner or metals consuming company or of course a number of companies who can enter in to one or more JV’s with us depending on their needs.

2020 is likely to see this start to emerge as a true mining complex offering the world a fantastic opportunity to access ethically mined minerals whilst operating in a very low risk environment.

WA is a mining friendly state with a huge depth of expertise & experience. The voters in that state are very supportive of ( & dependent on ), mining ventures.

Onwards and upwards! I for one am enjoying this rewarding adventure.

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Great concise summary @ClockworkSmurf.
ARL is not a one trick pony. Even after the IPO. Any one of those plays could trigger a massive rerate....
Oh hang on, we just did a >80% SP rise coz of ONE entity buying 3.5Mil shares (or less than 3% of 117Mil shares of our tight registry).
I wonder what happens to the SP if a few more parties start buying seriously.
GLTAL

ARL Price at posting: 72.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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