ARL 5.97% 71.0¢ ardea resources limited

3.5Mt base casechasing 1% feed grade40 year mine lifeat current...

  1. 2,787 Posts.
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    3.5Mt base case
    chasing 1% feed grade
    40 year mine life
    at current price .5% grade becomes worth digging up

    this PFS is going to make ARL stand out head and shoulders above laterite and sulphide peers.

    Ebitda looks liely to go past $850m/pa.

    Consortium of experienced miners and processors is preferred. Recent delegation to japan.

    A Consortium of Mitsubishi, sumitomo and BOJ would do me just fine


 
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