Amigos, ARR went up in rapid steps a few times in 2020, and on each occasion it steadied a little which shareholdings adjusted. From my experience, it seems to happen without warning. So just when I have felt ARR has been going nowhere, suddenly the shareprice takes off. There is no pumping from the management, they just get about their work in quiet style. The management holds almost 30% of the stock, so they are not there to keep the seats warm. My understanding from announcements is that they will drive this compnay to pre-mining stage before the end of the year. That will be worth seeing. Also, on the exploration front, they now have three rare-earth propsects in USA - and that's pretty unique for the ASX, especially given ARR's market cap is about $33 million. Exploration and metallurgy are currently going on - so I'm going to be patient for 12 months (it beats giving the bank my hard-earned and waiting for them to give me 1% for looking after it). Best of luck to shareholders.
ARR Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
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