Just occurred to me.
POS’ Black Swan NiS project without a processing plant is like an EV without a battery or motor.
With the JV negotiations ending soon, is the timing almost perfect for ARL to buy over Black Swan?
The move will also consolidate and increase the Kalpini tenements footprint and move it closer to Kalgoorlie-Boulder.
But this consolidation will make Kalpini an attractive takeover target for BHP’s Nickel West.
Pertinent market/industry news/articles, page-5320
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Last
60.0¢ |
Change
-0.040(6.25%) |
Mkt cap ! $119.7M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 59.0¢ | $271.5K | 446.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19894 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 13000 | 1 |
View Market Depth
| Last trade - 15.56pm 16/05/2024 (20 minute delay) ? |
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Last
60.0¢ |
Change
-0.040 ( 5.51 %) |
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| Open | High | Low | Volume | ||
| 62.0¢ | 62.5¢ | 60.0¢ | 126004 | ||
| Last updated 15.56pm 16/05/2024 ? | |||||
| ARL (ASX) Chart |