ARL 1.06% 46.5¢ ardea resources limited

It is important to remember at this point in time that your...

  1. 2,768 Posts.
    lightbulb Created with Sketch. 10
    It is important to remember at this point in time that your company is a miner, not a processor. It digs it out of the ground, and produces concentrates of ore, then ships it out for processing. It is likely your company will always be a miner, as it makes a lot of sense to leave it at that... nothing wrong with that.

    ARL does not do this, it is proposed that ARL will be both a miner and a processor.

    You cannot really compare the two directly at all from a financial / CAPEX / NPV / IRR operational cost, point of view. This shows that you don't really understand your investment.

    It would be better to compare ARL to CLQ or similar.
    Last edited by shades2: 01/06/18
 
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