The gold that we know is there, makes for a compelling story in itself.
Perhaps this is the thought behind ARL commentary being around a JV, rather than an equity buy-in? A JV agmt can ring fence the nickel ore and leave other valuable ore quarantined in ARL for the benefit of it's SH's. It's my understanding that a Ni mill/refinery can have a gold circuit added to capture the gold. Be a simple enough matter to include a milling fee (service fee??) to the JV for the work required to produce the gold output.
Many options, but crikey I'm over ready to get a peak at the impending documents!
Ann: Japanese Consortium Update on Progress on KNP Goongarrie Hub, page-59
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Last
65.0¢ |
Change
0.050(8.33%) |
Mkt cap ! $129.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 66.0¢ | 58.0¢ | $338.9K | 540.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16179 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 2349 | 1 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
64.0¢ |
Change
0.050 ( 6.67 %) |
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| Open | High | Low | Volume | ||
| 59.0¢ | 66.0¢ | 59.0¢ | 96042 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| ARL (ASX) Chart |