Not having a go at you hrr. Everyone is entitled to express an opinion based on personal experiences and knowledge as long as it's not defamation.
But I feel that I should respond to some of your statements, even as I do appreciate the historical info you can share here.
I shall make my response to you in the third person so that it does not feel like it's an attack at you. It is not.
hrr: "As for Indonesian laterites its completely different to Australian laterites. Theres is a wet laterite ours is Dry laterite. Also Saprolite and Limonite. Maybe some of u guys need to do a bit more research."
Presumably, given hrr's references to geology, he/she has a background in either geological science or metallurgy. I don't have an equivalent background, so I shall not debate with him/her on technicalities that are beyond me.
But that doesn't mean that hrr's interpretation is the only valid one in regards to ARL's Ni/Co resources.
As AP and the ARL professional team have provided a very different interpretation and outlook for ARL's dry laterite Ni in ongoing announcements and presentations, I choose to believe the formal channel over the informal opinion of a poster, despite his/her supposed credentials.
I am prepared to change my position if hrr can prove that the ARL team are not disclosing the entire truth.
hrr will likely say that's not his obligation and it is for shs to do their own dd.
Thats fine. I have done my own dd, and I'll take it as a poster's unsubstantiated comment about the disadvantages of ARL's resource/geology.
hrr: "BHP and INCO (VALE) spent over 30 million when it was Heron doing due diligence and walked away from it, I trust them more than Govt..."
In hindsight, BHP was seen as having made a few embarrassing mistakes in the regard:
(
https://*********.com.au/bhp-lights-road-back-wingellina-nico-resources/)
"Unsaid, or politely whispered, is an important piece of BHP’s history with the West Musgrave project which is next cab off the rank for OZ which already operates the Prominent Hill and Carrapateena copper and gold mines in South Australia.
The embarrassing history for BHP (which has just lifted its OZ offer to $28.25) is that it once owned the West Musgrave project after inheriting it with the 2005 takeover of Western Mining Corporation (the company which found the primary orebodies of Babel and Nebo).
By 2014, BHP couldn’t see a future for central Australian nickel, just as it lost faith in south coast nickel with the 2009 sale of the Ravensthorpe project.
It had retained only the nickel heart of the old WMC – the mines and processing plants of Nickel West centred on Kambalda and Kwinana in WA.
Even Nickel West would have been sold as BHP rushed exit nickel.
The sales process was only cancelled when potential bidders found there was a $100 million environmental clean-up obligation attached to the 50-year-old assets."So, hrr knows about the govt's expensive mistakes. Does he know about BHP's?
I am not wearing rose coloured glasses. Neither are the other well-researched long-term shareholders.
(20min delay)