Ardea reveals Goongarrie cobalt-nickel numbers

BOOM cobalt stock Ardea Resources has reported a prefeasibility study that shows its Goongarrie project near Kalgoorlie could cost about A$600 million to build and be able to generate top line annual earnings of $210 million.

Ardea reveals Goongarrie cobalt-nickel numbers Ardea reveals Goongarrie cobalt-nickel numbers Ardea reveals Goongarrie cobalt-nickel numbers Ardea reveals Goongarrie cobalt-nickel numbers Ardea reveals Goongarrie cobalt-nickel numbers

Cobalt pricing a core consideration for Ardea at Goongarrie.

Earnings are based on an average price of US$8.84/lb nickel sulphate and $41.63/lb of cobalt sulphate, as well as an exchange rate of 0.788.

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