ARL 1.23% 40.0¢ ardea resources limited

actually it's probably also worth pointing out to calculate it's...

  1. 2,808 Posts.
    lightbulb Created with Sketch. 753
    actually it's probably also worth pointing out to calculate it's updated ore reserve, that AUZ use a 0.4-0.45 nickel cut off grade and this is calculated using a Ni price of $27k, Co $93k.

    ARL used a 0.8 nickel equivalent cut off and Ni price of $18k, Co $120k.

    which is why our feed grade is so much higher and economics so much better.

    looking forward to resource upgrade, not that we need it
 
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