ARL 2.33% 44.0¢ ardea resources limited

Ann: Ardea Presentation - Battery Metals Conference - March 2018, page-14

  1. 205 Posts.
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    At 1 Mtpa throughput, we would aim to produce

    >5,000 t cobalt sulphate per annum
    >30,000 t nickel sulphate per annum

    which with todays prices gives

    Cobalt 85 000 * 5000 = 425 MUSD = 530 MAUD
    Nickel 13 830 * 30000 = 415 MUSD = 520 MAUD
    Total = 1050 MAUD

    So say 1000 MAUD before tax at 1 Mtpa with todays prices. Then is the questian about OPEX and CAPEX, but in the PFS we should have a very good indication.

    But I think it sounds great so far.
 
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