ARL 2.38% 43.0¢ ardea resources limited

I understand you have accounted for the Capex, and I would even...

  1. 3,012 Posts.
    lightbulb Created with Sketch. 53
    I understand you have accounted for the Capex, and I would even say that your C1 costs of $6usd is prob still a little light, do you know what CLQ's AISC was?

    I was more referring to the sale price of $26/lb is quite high, even though that is what the LME contracts are trading at, we will struggle to realise that as a sale price to a battery manufacturer, I even presume we will have to pay further Treatment/Refining costs as a penalty to account for that. Apart from that your numbers look good.

    Im looking forward to some further core hole drilling to commence for further met testing. I agree with ACCA, I think we will see a steady rise to $1 with a slight retrace once we hit around mid 80/s
 
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