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!
The gold that we know is there, makes for a compelling story in...
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Last
61.5¢ |
Change
-0.040(6.11%) |
Mkt cap ! $111.7M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.0¢ | 56.0¢ | $302.7K | 500.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 8652 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 460 | 2 |
View Market Depth
| Last trade - 12.53pm 03/05/2024 (20 minute delay) ? |
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Last
62.5¢ |
Change
-0.040 ( 6.72 %) |
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| Open | High | Low | Volume | ||
| 62.0¢ | 64.0¢ | 56.0¢ | 156868 | ||
| Last updated 13.21pm 03/05/2024 ? | |||||
| ARL (ASX) Chart |