$1.50 club, page-24

ASX200 and just in general is down for the week. too many factors to list. Nothing to do with AR3, although traders using the opportunity to obtain shares for lower price, there's limited shares to go around (hence high share price). AR3 market cap is low in comparison to other rare earth companies on same stage already floating around $200M. Huge upside in the short term with up and coming announcement mid-August (so probs this week). Mid-term things starting in October and can progress quite quickly coz it's clay compared to mining and processing rocks which has uranium (biohazard). Long-term, 2023 onwards USA should have their manufacturers up and going and would obtain critical raw materials supply chain away from China. Sidenote: share price first started trading at 55c at open even though IPO was 30c (so basically it was already trading twice the IPO value since the very beginning). Went up to 80c then dropped a bit and stabilised. Only just last week (so about a month later) did it rocket again to reach $1.35, now stabilising again with added head winds. So I'm expecting, within the next month, probably just a little after the pending results/announcement, share price to trade at $2 per share.