ARL 3.23% 48.0¢ ardea resources limited

Screenshot from the scoping study pg 19 below. IRR 18% at 100-yr...

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    Screenshot from the scoping study pg 19 below. IRR 18% at 100-yr avg pricing, 21% with a small sulphate premium on 100yr. Doesn't set the world on fire but actually makes us look very good compared to peers, and IMHO highly unlikely that we will see 100yr averages for Nickel (class 1) /Cobalt given the EV/battery mega trend emerging



    https://hotcopper.com.au/data/attachments/1379/1379718-80d95edaabe71fc81b773b0e9b9fe275.jpg

 
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