What really puts me off is the way people rate ARL like a junior explorer who hasn't proven up a resource. And At the same time, they rate junior explorers like they've hit the jackpot and are ready to produce without any problems.
They've got things up side down.
Take EUC for example. Surface sampling on the site of an old mine, how can that be acceptable? They are essentially looking at the waste material from previous mining activity! On top of that, Dobsina, the site of the mine, is actually now a tourist town. How can you possibly mine and leech NiCo at a place where people live? The environmental impact will have them up in arms!
Don't mean to burst people's bubbles, just trying to show that the current MC of ARL is unjustifiably low.
What really puts me off is the way people rate ARL like a junior...
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Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.5¢ | $2.746K | 6.867K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 211539 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 49 | 1 |
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| Last trade - 12.33pm 19/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |