ARL 1.06% 46.5¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-1272

  1. 4,582 Posts.
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    Point taken. As at this stage we have a few things to go on which are positive, whether these things result in a market cap improvement time will tell BUT I'm banking on a re-rate once the new PFS is completed. Now what we have, wire-trapping which will significantly improve the current resource (big tick), a mind-set shift as to reviewing the resource at a Cobalt cut-off rather than a nickel cut-off (big tick 2), and a lower cost extraction of the Cobalt (big tick 3). These three things are what Matt and Co. are currently not simply working towards yet working on! (big difference in language) My advice to all, everything is about timing, everything - when that darkest hour comes be ready to open your eyes with "shades" on or the light may blind you! No pun intended.

    Regards, NL.
 
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