@ebner
I have a few thoughts on this.
CLQ have a proprietary unproven process , will require higher safety margins for unknowns at scale.
CLQ ore minerology is not as favorable to processing as that of ARL.
A less favorable minerology and more residency time in the autoclave
requires more capex for output.
The fact that CLQ went with proprietary as opposed off the shelf will also increase capex substantially.
Thus they have a very large capex doing no favors.
In my opinion, CLQ will be a great company.
RED
@ebner I have a few thoughts on this. CLQ have a proprietary...
Add ARL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.0¢ |
Change
0.030(6.67%) |
Mkt cap ! $93.85M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 48.0¢ | 45.0¢ | $27.59K | 59.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7499 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 41761 | 2 |
View Market Depth
| Last trade - 14.25pm 08/10/2024 (20 minute delay) ? |
| ARL (ASX) Chart |