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5.21% 45.5¢ ardea resources limited

C1 Cash Cost and also CleanTeg made the calculation on only...

  1. forestgump85
    54 Posts.
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    29/03/18
    09:51
    Post #: 32108650
    C1 Cash Cost
    and also CleanTeg made the calculation on only content metal rather than actual Cobalt sulphate.
    So the C1 Cash Cost need to adjust for fair comparison.
    nickel heptasulphate contains 22.3 % nickel
    C1 Cash Cost of CleanTeg is 2.95 * 100/22.3 = US$13.22/lb Ni
    ARL Price at posting: $1.38 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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