ARL 2.54% 57.5¢ ardea resources limited

How does ARL compare to CLT and COB

  1. 168 Posts.
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    As a retired engineer , I have been studying these new ASX Lithium and cobalt Companies. ARL verus Cobalt Blue versus Clean Teq is the best of pack as
    1.Pure plays are best ( less than 2% of world's cobalt Co's are pureplay) so avoid dependancy on Nickel and Copper
    2. Stay away from complex extraction with acids methods & therefore simple crushing and floating is best to make concentrate
    3. Best to have cheap power and water and labour & railway to Ports from mine sites
    4. Aim for large JORC so very
    5 Look for low cost producer.
    5. Do not spend a lot with building transport, diesel generators and fly-in/ fly-out labour and then they need to use "nasty acid methods" to extract - very complex
    6 I rate ARL then Cobalt Blue then clean Teq
 
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