ARL 1.16% 42.5¢ ardea resources limited

Review of ASX typical laterite and sulphide cobalt player's SS and PFS, page-148

  1. 1,684 Posts.
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    I like that note that we have only used a hiccup of 5% of our resource.
    Where the comparison commentary notes cob not being jorc compliant for 100% of their resource really has to highlight the massive amount of money spent on our knp prior to the split from heron. We are jorc compliant across our full resource?

    When we are in production and have proved ourselves as having the goodies, you have to wonder what will happen with the other 95%
    I just cant see it sitting there for 25+ years waiting for us to finish up our 5% and move to the next 5% leaving 90% still sitting idle while the EV revolutionary boom is in full swing. I know in that time cobalt may be reduced in batteries but between nickel and cobalt as our main resource we will be looking pretty good as new uses for both will also surface, they wont just go away and be a redundant metals.

    So back to the other 90 odd %

    Maybe we can rent out this space hahaha
 
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