ARL 2.27% 43.0¢ ardea resources limited

Ann: Japanese Consortium Update on Progress on KNP Goongarrie Hub, page-113

  1. 399 Posts.
    lightbulb Created with Sketch. 180
    Time to build is now,
    construction rates raise on average 8-10% per year.
    in civil and commerical during Covid , supply chain issues
    double that to 15-20%.
    so things have settled down in construction
    i suggest being a quarter behind.
    may 3 billion dollars
    adds 75 million.
    smarter men than me on both boards
    wanting the first shipment in 2027.
    when nickel will be well above the PFS figure of
    25 k on ton.
    major project .
    this is about timing.
    timing construction
    build on time and budget
    del nickel in 27.
    ARL
    have done a great job on keeping shares to 200 m
    they will not in the back half of the 400 m
    lose there timing on this.
    global resource.
    best country.
    honour above all ( strong old brands from Japan )
    mining since

 
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