ARL 1.09% 45.5¢ ardea resources limited

Solid State Batteries, page-34

  1. JPS
    927 Posts.
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    From the AGM presentation:

    Fifth generation high pressure acid leach (HPAL) will combine financial and processing efficiencies with engineering certainty to enable production of battery-grade cobalt sulphate and nickel sulphate at Goongarrie

    No mention of any other cobalt end product such as military use.. Maybe that side of cobalt product is via traditional heat benefication only.

    I think you are nervous and so you should be. Only one in 3 chance and that assuming ARL get the next stage right of gaining appropriate Cobalt sulphate. Say that's a 50 / 50 chance.
    Hence you are now down to 1 in 6 chance of production.
 
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