ARL
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2.33% 44.0¢ ardea resources limited

Based off latest Presentation COB MC = 85,884,809 x 0.500 =...

  1. xGenesis
    781 Posts.
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    04/12/17
    13:20
    Post #: 29348624
    Based off latest Presentation COB MC = 85,884,809 x 0.500 = $42.9m MC
    COB IGV = 49,966 Co x $65,000/t = 3.247 bn

    ARL Cobalt Zone IGV = 81,000 Co x $65,000/t = $5.265 bn + Ni $5.940 bn

    I would say based on COB IGV vs ARL their current MC is fair.
    ARL Price at posting: $1.54 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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