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Sunday, 11/05/2017 9:20:07 PM

Sunday, November 05, 2017 9:20:07 PM

Post# of 107
Nickle is exploding and Ardea's nickle byproduct is huge, almost not even a byproduct. The comment below is wonderful but conservative, as the rising price of cobalt will dramatically enlarge our eventual marketable resource.

Still, nickle too has recently commenced its own bull market. I believe the nickle AS IT RISES ALSO, WILL PERMIT A HUGE ENLARGEMENT OF MINEABLE RESOURCE, JUST AS THE RISING PRICE OF COBALT WILL. We will be able to "recapture" what in fact we own, the world's largest cobalt resource.

from our investor partners down under (CLQ is the aussie's exchanges symbol for Cleanteq):

"...With the Nickel price coming back in vogue (www.bloomberg.com/news/articles/2017-10-31/nickel-is-next-for-electric-car-boom-as-trafigura-turns-bullish) it is a timely reminder to remember ARL's holds more than 8x CLQ Nickel resource! ARL has a similar sized Nickel resource to CLQ alone in the KNP Cobalt Zone c. 500,000t contained nickel and with 81,000t of contained cobalt we're looking at a life of mine of over 30years!

Mining operations of up to 2 Mtpa are being modelled, which would produce up to 2,500 tpa cobalt-in-sulphate and 15,000 tpa nickel-in-sulphate (www.ardearesources.com.au/downloads/reports/arl_qa201709.pdf)?

..."