Amiogs, the gold exploration in WA will be the first reason for a re-rate in the shareprice, IMO. (The building of the refinery for processing Nickel + cobalt + other metals, all depends on big players who will want a large seat at the table for as little $ as possible. And they will wait a while longer before committing themselves - price and demand are not a problem, yet!). ARL have realised it's situation and so they have focused on their gold, which they are bullish about. I can't wait to read about the next announcemnt on the gold exploration which is underway in WA. One good drill hit and the current market cap of $40 million will dispapear in a flash, IMO.
Pertinent market/industry news/articles, page-1806
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Last
37.5¢ |
Change
-0.025(6.25%) |
Mkt cap ! $74.88M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.0¢ | 37.5¢ | $50.49K | 129.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14286 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1729 | 1 |
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| Last trade - 15.26pm 04/10/2024 (20 minute delay) ? |
| ARL (ASX) Chart |