ARR 1.69% 29.0¢ american rare earths limited

Spotlight on American Rare Earths, page-1613

  1. 997 Posts.
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    We are marching on towards becoming an American company, with all the benefits that brings, especially the addition of large long term shareholders who will swamp the daily algos supressing the price on tiny volumes.
    Fidelity which has around 9% is American controlled . I would guess that the Hill Family our biggest shareholder with 12.74% will at some stage sell some shares into the USA market when the price moves into dollars. I suspect there are American shareholders hidden in the top 20 holders ie BNP Paribas, Citicorp Nominees etc
    There is also the small number of shares on the OTC which are likely to be mostly American. We may have a 15% American shareholding already. Once we list on the Nasdaq more Americans will join and we will exceed 51% USA shareholders by the end of 2024. Our Chair has announced his nearing retirement and will be replaced by an American. I predict that all bar 2 directors will be American within a year.
    Mel Sanderson let the cat out of the bag in a recent interview by stating that MP Materials will run out of REE at some stage and Halleck will take over as it will have a 100 year life. The other astounding fact she revealed was
    that Halleck is open to 500m and the grade is true to depth. When we combine this with the statement below- from the 30.3.23 ann that we are only drilled to 25% of the area then mathematically we have 4 times the area left to drill plus 3.33 times the depth ie This deposit could be 4*3.33 = 13.32 times greater. I suspect the biggest REE deposit in the USA and the biggest clean deposit on earth.
    The continual suppressive algos and the arrival of an extremely high volume poster who is relentlessly
    repeating the mantra that we wont qualify for a NASDAQ listing and the Wyoming government will halt the
    development of a mine at Halleck is further evidence to me that we are on the verge of a major rerate.

    • Total JORC Resource of 1.43 billion tonnes
    • Estimated 4.73 million tonnes of contained Total Rare Earth Oxides (TREO) in-situ
    • Mineralisation contains approximately 24% highly valuable magnetic rare earth elements
    • TREO average grade of 3,309 ppm
    Significant upside potential with 75% of district yet to be drilled and deposit remaining open
    at depth

    • Deposit is from surface to at least 150 metres with consistent grades throughout making it
    ideal for large scale, low-cost open pit mining
    • Environmentally friendly with low levels of penalty thorium and uranium elements
 
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