ARI arika resources limited
Add to My Watchlist 2.70% ! 3.6¢

Blast furnaces are hard to put into care and maintance.. Coke...

  1. mazrick
    32 Posts.
    clock Created with Sketch.
    06/04/16
    14:35
    Post #: 17436427
    Blast furnaces are hard to put into care and maintance.. Coke ovens are very hard and risky (as in causing permanent damage).
    One option could be to import blooms/billets for the Rolling Mills to roll long structural products.

    Care and maintance is just a way the company can defer clean up costs of the site, it's just not as easy to shutdown and care for compared to a mining operation.
    Last edited by mazrick: 06/04/16
    ARI Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

VMM Colossus PFS Unlocks World-Class Project Economics and Positions Viridis for Global Leadership
right-arrow Created with Sketch.
NUZ Positive FDA feedback on NUZ-001 strategy to lift clinical hold
right-arrow Created with Sketch.
NEWS BPM Acquires High-Grade Forelands Gold Project with Near-Surface Mineralisation
right-arrow Created with Sketch.
NEWS Gold and Copper Targets Identified by Koonenberry at Prince of Wales Project
right-arrow Created with Sketch.
NEWS Copper and Base Metals Targets Confirmed at Minbrie with Drilling Ahead
right-arrow Created with Sketch.
CC9 Chariot to Acquire Majority Stake in a Nigerian Lithium Portfolio
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
3.6¢ 		Change
-0.001(2.70%) 		Mkt cap ! $28.18M
Open High Low Value Volume
3.6¢ 3.6¢ 3.6¢ $7 200

Buyers (Bids)

No. Vol. Price($)
3 454348 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 40000 1
View Market Depth
Last trade - 09.59am 10/07/2025 (20 minute delay) ?
ARI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.