Volume is low because there is no demand. Months ago I shared a problem with Ardea. It' the nickel LATERITE. I've heard many old-school guys saying ohoh it's laterite it's laterite and so on. If they can process it, then it's going to be a money hole. So Burt, it's laterite and thus high capex. If this 6.1 mln tonnes would be sulphide, then the SP would be right now somewhere around 10. People dont believe it until it's mined. So nothing big happens before full operational quarter report.
ARL Price at posting:
64.5¢ Sentiment: Sell Disclosure: Held
