When a company announces that the preliminary results of their assaying exploration indicate that the ore deposit extends a kilometer below the current mine floor and that the core samples from the base of the hole show visible signs of RE's the odds are very good that the mine life has been extended another 50+ years.
That they then are working on a concentration plant that can also become a toll supplier to other RE miners in Australia is another major positive indicator.
That they are then partnering separately with the Japanese RE industry and U.S. government to build a heavy and a light REO refinery that will at least double current capacity is another massive positive.
That all indicators for demand are highly positive, and that China is now clearly engaging in economic warfare and will use their RE industry to further their hegemonist plans also bodes well for all non-Chinese RE providers.
For for anyone to begrudge Amanda Lacaze for finally cashing in some of her options is crazy. She and the team have been incredibly focused on adding value and have been highly successful.
So I don't think trashing the CEO to tank the share price is a winning formula.
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2 | 30775 | 6.650 |
2 | 3150 | 6.640 |
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Price($) | Vol. | No. |
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6.670 | 13587 | 2 |
6.680 | 867 | 1 |
6.710 | 7000 | 1 |
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Change
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