ARL 6.11% 69.5¢ ardea resources limited

Comparison with GME

  1. 3,160 Posts.
    lightbulb Created with Sketch. 584
    Hi all

    Its a pretty active forum here and I have enjoyed getting up to speed with some of the issues and opportunities in the Ni/Co space.  There has been a number of comparisons made with CLQ and to a lesser extent AUZ.  But nothing on GME.  Am I missing something as it seems a genuine comparator.  DFS due this quarter, shallow depth, good grades, low cost heap leach treatment and good metallurgy.  Would welcome any objective views.  For the record I bought ARL ahead of the DFS but sold immediately afterwards as it got poorly received.  So switched into GME awaiting its DFS.

    Column 1 Column 2 Column 3 Column 4 Column 5
    1
    GME
    ARL
    CLQ
    AUZ
    2 Resource
    81Mt
    215Mt
    100Mt
    90Mt
    3 Grade
    0.06 Co
    0.71 Ni
    0.06 Co
    0.71 Ni
    0.13 Co
    0.59 Ni
    0.07 Co
    0.58 Ni
    4 Contained Metal
    52Kt Co
    830Kt Ni
    130Kt Co
    1520Kt Ni
    131Kt Co
    596Kt Ni
    54Kt Co
    514Kt Ni
    5 M.Cap
    $67M
    $88M
    $735M
    $222M
    6 Share Price
    $0.145
    $0.925
    $0.99
    $0.083
    7 Shares
    460M
    96M
    740M
    2680M
    Last edited by Geeenius: 05/05/18
 
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