ARL 4.44% 47.0¢ ardea resources limited

Some context for price - STILL TOO CHEAP, page-3

  1. 10,910 Posts.
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    CLQ cash cost $0 using $20 Co and $5 Ni (without Scandium rev and including processing all Ni and Co in house as a raw sulphate). From your table ARL cash cost $3.26 using $25 Co and $6 Ni - there's the big difference.

    Reference;

    "At an assumed cobalt price of $20/lbs, the cash cost for the nickel would be exactly zero, improving the economics of the project even at a nickel price of 5 dollar per pound."

    https://www.caesarsreport.com/repor...roject-could-draw-a-lot-of-attention-in-2017/

    *Epic call sub 20c though so hats off to you Pampalona!
 
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