ARL 1.02% 48.5¢ ardea resources limited

Beautiful- instead of going the idiotic route of a DSO, (...

  1. 4,816 Posts.
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    Beautiful- instead of going the idiotic route of a DSO, ( selling the host material, for example 100 tonnes of dirt containing x amount of xyz mineral & more likely than not losing any extra value to be retrieved from said host material while potentially exposing ourselves to comebacks from customers such as 'that last load had less of xyz than we expected' ), we are aiming to reduce our overall extraction costs regarding our targets of nickel and cobalt via the sale of ancillary minerals.

    This is the best path because at the end of the day, any and all extraction creates costs while any and all economically retrievable minerals produce income- to pay to extract them and then miss out on their value? That's losing twice, whereas this path ensures a win at each possible stage.

    Around 1% of the registry is happy with this & calls a hearty 'aye'.
 
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