@ebnerThanks for you take on the way you see ARL trading.
You make some good points, There are definitely demand issues throughout the battery metals mining industry in Australia.
Those issues go beyond nickel and cobalt, lithium is affected too, you need look no further than GXY, PLS, ORE and a few more.
Kidman Resources re-rated nicely on their new partnership announcements, that is my expectation for ARL when it happens.
One thing that I have learned, is that I was a very early adopter into battery metals generally, made money on the lithium run and will hopefully capitalize on the nickel run when it happens.
I disagree with you on how far we have come. I acknowledge the substantial progress made, irrespective of whether you like my optimistic and upbeat demeanor or not is irrelevant to me.
I have been in business for too long to not recognize that success is not made overnight, it takes time, skill, knowledge, money, a degree of intuition and most importantly a willingness to not only start , but pursue relentlessly your goal. Those are the ingredients for success.
Then you have to in our case have the physical resources to dig out of the ground and you never know until you drill.
Having said that, a belief was never an absolute, I never said it was, that is why I say I believe, or I hope or hopefully. Because I do not know absolutely. My information, research and communication with the BOD gives me the confidence to take a position in a business venture based on a few calculated unknowns. That is all I am saying, there is progress in the right direction and I acknowledge it.
So actually if you want to site facts, in the last 20 months we have gone basically nowhere, the idea we have come far is a farce.The idea that we have come basically nowhere is not a farce Ebner,
At IPO we launched around 0.19c, we are currently trading at 0.37c, that is not a farce, its a profit, depending on when you bought in.
The fact that we have KPMG recruiting a partner with a data room full of information is not a farce, its progress following a very substantial effort by a committed team.
The fact that we are about to IPO NSW is not a farce, its again the result of a great deal of work by a very committed team.
WA resources, are a work in progress, early indications are that we are not wasting our time, we managed to find Magnesite, our neutralizer on site to start with, that's not a farce. In Ian's own words (Its the equivalent of finding bulk tonnage gold) It has a similar effect. Not a farce.
The fact that when we were spun out from Herron there was a lot of work to be done, in 597 trading days we have made substantial progress on many fronts, surely you can see that.
Ebner, We are both long term holders, we can disagree, even though we are in this together, our desires are similar.
I am an optimist, and I believe so are you, with perhaps a more seasoned knowledge, otherwise you would not be here.
I really appreciate the feedback, I take note
RED
