Hi Juno, it's nice to see you in here !
CLQ went up from similar market cap to > $400mil now. Their Capex is nothing less than $500mil. I think they need even more, like $700mil something. But it didn't stop the SP rose from 3c to 80c.
If CLQ is not a good reference, then how about GGG ? Their capex is billions $$ & it still didn't stop them sitting on almost $200mil market cap.
I think ARL has lots of room to run still. Full steam ahead
Largest cobalt resource with lowest valuation, page-32
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Last
52.0¢ |
Change
0.020(4.00%) |
Mkt cap ! $103.7M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 52.0¢ | 48.5¢ | $75.72K | 150.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 37329 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ARL (ASX) Chart |