ARL chart, page-64

Hi JPS,

a few points of interest for you
- ARL has about 10x the cobalt @ 0.05% and 10x the nickel @0.7% compared to AUZ at 0.06% and 0.058% for those metals respectively.
- The Sconi PFS is in fact based on a scandium mining operation - http://www.metallicaminerals.com.au...S-positive-pre-feasibility-study-28.03.13.pdf
- The Sconi scoping study shows that economics for Sconi improve by increasing scandium production and decreasing Nickel and Cobalt - http://www.metallicaminerals.com.au/wp-content/uploads/2016/09/Revised-SCONI-Scoping-Study.pdf
- If Sconi applies the same high cut off grade as the ARL high grade zone @ KNP it has less than 1/5th the cobalt as KNP

It pays to read the original PFS and scoping work done on Sconi, and not just the AUZ investor presentations. My read of the AUZ investor presentation is that they haven't got the JORC that warrants production estimates provided in their investor presentation. But what would I know?

DYOR