ARL 3.23% 48.0¢ ardea resources limited

Flip, you are confusing ore reserve, resource statement and PFS...

  1. 2,806 Posts.
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    Flip, you are confusing ore reserve, resource statement and PFS assumptions.

    this is the ore reserve statement, all in USD, and actually sulphate not getting a premium right now.

    are you saying AUZ has a better repost than ARL based on this? Where is this table wrong (i.e. be specific and don't rely on vague assertions)
    Ore reserve statementARLAUZ
    1Mt40.1357
    2Ni grade0.820.58
    3Co grade0.090.08
    4contained nickel (approx329,066.00330,600.00
    5contained cobalt (approx)36,117.0045,600.00
    6Latest Cut off grade assumptions ($US).81% Ni Eq, Nickel price $15,120/t, Co price 96,000/t.4 - .45% Ni Eq, Nickel price $19,841/t, Co price 66,137/t




 
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