10,000t PA over only 4 years and they have to truck it to mt Kelly.
Nifty is 20,000tpa over 20 years. With a monster resource down the road, and two other very attractive deposits which already has quite a bit of drilling. Aims to be 60,000t by 2025, followed by more acquisitions.
Has 50m cash, existing infrastructure. With a huge JV land holding for future exploration. As well as intellectual property regarding the leaching of chalcopyrite of which they are going through a patent process.
CYM have a big concentrator if needed and AR1 will still need to buy a concentrator to produce the sulphide material.
dilutionwise and risk vs reward its a no brainer for me. But appreciate your thoughts and good luck.
AR1 Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
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