The thing with ARL is that it has a 'cobalt rich zone' within it's overall massive resource which averages 0.14% Co & this zone itself is the 3rd largest JORC on the ASX
Grades are in focus for junior explorers because of the WMN debacle, yes. However we are talking large-scale JORC resources. Note that CLQ's JORC resource averages 0.10% CO & the mkt cap is well over 400m with the Chinese stepping up this week for a 10% stake.
What I'm getting at is don't worry about the day-to-day of junior explorers, the large scale JORC space is where the international money will flow... taking CLQ as a perfect example.
If it's good enough for the chinese, it's good enough for me!
