Nicely put. This aushed fellow has posted over 12,000 times on HC and obviously has a little too much time on his hands to comment on stocks he doesn't even own.
The Annual Report was a good read and confirmed much of what we already know. ARU are making steady progress towards production in 2020, just when RE will be in high demand.
Meanwhile, illegal mining in China has improved for the longterm, applications are more obvious than ever (and growing), and countries are legislating in ways that will support the market for the coming decades (e.g banning diesel cars and requiring more clean energy).
The increasing demand in the market combined with Aussie government wanting companies like ARU and LYC to succeed will mean that concerns about finding customers and securing licenses to dispose of tailings will be sorted in time.
I'm staying realistic even after today's jump, but the long-term outlook for ARU and LYC is looking better than it has in years.
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19.0¢ |
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Mkt cap ! $427.4M |
Open | High | Low | Value | Volume |
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1 | 12438 | 21.5¢ |
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103 | 5660189 | 0.180 |
32 | 1800214 | 0.175 |
25 | 1685306 | 0.170 |
12 | 674937 | 0.165 |
Price($) | Vol. | No. |
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0.190 | 1618164 | 27 |
0.195 | 1854804 | 24 |
0.200 | 1952173 | 40 |
0.205 | 3451898 | 29 |
0.210 | 1892423 | 29 |
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