ARL 7.21% 48.3¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-49

  1. 3,881 Posts.
    If the resource stacks up then the CAPEX, while possibly problematic, is not so much the problem - more the time to design and build the plant.

    Plus, these laterite acid leach plants are more or less a chemical process and ramp up to full production usually takes a few years after the initial commissioning takes place. Lots of little details of process and materials of construction need to be worked out. I know, I have been there.

    Could easily be 5 years minimum to economic production.

    Interested in any informed discussion about these issues.
 
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