ARL 1.14% 43.5¢ ardea resources limited

Nothing personal squash, just contexting your post. If you want...

  1. 331 Posts.
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    Nothing personal squash, just contexting your post. If you want to assume the nickel sulphate price today is equivalent to the PFS price of $8.84, not sure that's fair since nickel is below $6, thats a 50% premium, but lets just give you that assumption, then if cobalt stays at todays price [almost inconceivable but thats where we are at today], then nickel would need to rise another $3.50 in order to achieve the PFS math. Not opinion, just mathematics.
    Last edited by ebner: 21/03/19
 
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