I have to assume that ARL management are not going to intentionally take longer than they need to in becoming a producer. If we accept that this is a true statement but at the same time this seems to be a concern for some of the existing ARL shareholders, then what gives?
I have listed below a few of the competing comments that might play a role in this discussion.
1. Are ARL management simply being technically correct by stating that 2023 is the production date target?
2. Are ARL management being too conservative and there is every chance that they can get to production before 2023?
3. Why can other companies, with less available in ground resource, get to production more quickly? Or can they?
4. Is 2023 too late to take advantage of the EV revolution or is that timing really very good?
Just for the record, ARL is currently my largest shareholding. I currently own worth well over $600k so my interest in this topic is genuine.
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42.5¢ |
Change
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Mkt cap ! $89.42M | |||
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