@PerfectAnalysis
Perhaps if you consider ARL as a gold mining exploration company only.
BUT were not, you might wish to look into the core assets that ARL own and then re-evaluate.
We own the largest nickel and cobalt resources available for EV batteries in the developed world, that is the core value attributed to Ardea's $60 million MC.
We additionally have other gold resources like BIG Four for example, we have manganese, scandium, high purity Alumina, PGE, rare earth minerals and nickel sulfide to name a few.
Gold currently is a very nice add value to shareholders, I notice you are not a shareholder.
Perhaps you might like to do some research on our other resources before assessing value in isolation using one announcement .
Welcome to the board.
Credit to management for zeroing in on this discovery so quickly.
RED
@PerfectAnalysisPerhaps if you consider ARL as a gold mining...
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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 |
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| Last trade - 15.46pm 19/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |