It's not about being right. It's about being able to see the risks ahead.
About $20 mill in the bank of ARL versus $3billion that is needed for Capex alone is significant in my books.
We may also have to turn our eye on operation costings as well?
Remember your minerals are sitting deep and scattered. Not cheap to extract and then process I believe?
I want you to do well.
All in my opinion and not advice.
Do your own research.
Ann: Successful A$16M Capital Raising, page-39
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Last
61.5¢ |
Change
0.015(2.50%) |
Mkt cap ! $119.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 63.0¢ | 58.0¢ | $160.3K | 262.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 4975 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 62.5¢ | 4089 | 2 |
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| Last trade - 13.16pm 17/05/2024 (20 minute delay) ? |
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Last
62.5¢ |
Change
0.015 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 59.0¢ | 63.0¢ | 59.0¢ | 54994 | ||
| Last updated 12.51pm 17/05/2024 ? | |||||
| ARL (ASX) Chart |