Great report/update.
Keeping it quick -
*Progressing comfortably with PFS, and made pre-executive decision to begin DFS
- this suggests to me that there is even more going on behind the scenes, DFS pre-costing complete/ potential off-take talks? Note : "to assist with and advance" !! (BD consultant commencing Feb.)
*Maintaining a hold on LP as at this stage; extremely confident going forward with other project development - concentrating on KNP yet realising LP as a hold asset. Note the difference in context when comparing to the previous Chrysoprase deposit.
*CAPEX improvement/ this has delivered additional confidence and the early decision to DFS : under $500m?? (likely)
There is a lot more but these are just a few take-aways.
Technically buying here ... I remember SFR back in 2008/2009 when the world was falling apart ... then KABOOM.
Don't make the same mistake many did back then folks, they'll be able to weather this short term (6mth) STORM ...
Regards, NL.
Ann: December 2017 Quarterly Activities and Cashflow Report, page-12
Add ARL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $90.85M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 45.5¢ | $54.70K | 119.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65989 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 22000 | 1 |
View Market Depth
| Last trade - 15.46pm 19/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |