There is much more to the story than just the Goongarie hub IMO.
The Yerilla Hub, part of the KNP has a 200kt Ni & 16kt Co contained metal indicated resource. (A sleeping giant.)
The ultramafic is significant in size and highly fertile and was recognised by Heron back in the day as having more than great potential, outside of the ground that they held at the time
At this point ARL have only a small portion of the ultramafic, even though the mining lease application covers all of it. (The big middle chunk is currently held by another party.)
I would imagine at some point securing the whole show would be on the cards.
There is much more to the story than just the Goongarie hub...
Add ARL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
56.0¢ |
Change
0.035(6.67%) |
Mkt cap ! $111.7M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 56.0¢ | 53.0¢ | $123.4K | 224.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29835 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 15000 | 1 |
View Market Depth
| Last trade - 15.58pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
56.0¢ |
Change
0.035 ( 7.69 %) |
||||
| Open | High | Low | Volume | ||
| 54.5¢ | 56.0¢ | 54.0¢ | 63829 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| ARL (ASX) Chart |