ARV has a gold plant coming on line as well. It may need a tweak, but that is mining. As well it has infrastructure & Water. IMO ARV will have the jump on all the juniors and the Goliath.
To make an omelette you need to crack some eggs, and so maybe ARVs method is not as academic as NOVO, but the outcome ( sampling large tonnage of nuggety gold) will be greater in the short term.
I would not be surprised if ARV becomes the dominant JV partner for the other Juniors in the Pilbara as its the quickest path to revenue for these Juniors.
Academia is important, but cash is king.
Dilema facing conglomerate stocks, page-2
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $34.20M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $7.746K | 513.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1201267 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1512812 | 4 |
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| Last trade - 14.14pm 29/11/2024 (20 minute delay) ? |
| KAI (ASX) Chart |
