Hey Chris, one of the posters on the AUZ board made this comment:
Post #:28462632
Ardea has a strip ratio of 2.68 : 1.0. So they have to move almost 3 tonnes of barren dirt to be about to extract 1 tonne of ore. That means that only 25% of the earth they move is mineralised. Hence their mining costs would be significantly higher than AUZ or CLQ.
Have you given consideration to this in your thinking, with regards to valuation?
- Forums
- ASX - By Stock
- ARL
- ARL vs AUz vs CLQ
ARL vs AUz vs CLQ, page-4
-
- There are more pages in this discussion • 352 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
60.0¢ |
Change
-0.005(0.83%) |
Mkt cap ! $119.7M |
Open | High | Low | Value | Volume |
60.5¢ | 61.0¢ | 59.0¢ | $15.47K | 25.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18911 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 39652 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 18911 | 0.590 |
4 | 21877 | 0.585 |
2 | 5220 | 0.580 |
1 | 1172 | 0.570 |
1 | 1771 | 0.565 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 39652 | 2 |
0.605 | 4789 | 1 |
0.610 | 17548 | 1 |
0.615 | 17500 | 1 |
0.620 | 31226 | 3 |
Last trade - 15.33pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
59.0¢ |
  |
Change
-0.005 ( 1.68 %) |
|||
Open | High | Low | Volume | ||
59.0¢ | 59.0¢ | 59.0¢ | 2816 | ||
Last updated 12.51pm 05/06/2024 ? |
Featured News
ARL (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
Previous Video
Next Video
SPONSORED BY The Market Online