ARR 2.00% 24.5¢ american rare earths limited

Spotlight on American Rare Earths, page-3837

  1. 440 Posts.
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    I have a feeling something is awry, either good, bad or somewhere in between. Something is afoot; my gut says someone/entity is taking a position. Given how tightly held we are, particularly with G Hills' 20% stake, any TO offer outcome would fall to him in accepting or rejecting. Considering Rinehart has taken a 5% position in MP, holds 10 or 15% of ARU and clearly has an interest in the sector, a Rinehart position in ARR makes sense on the surface. Still, Hills' 20% is a strong deterrent keeping us off the Rinehart radar, as attaining a significant position would drive the SP well into the $1 range, IMO. Yet, I am certain someone/entity is taking a position; the last two days of trading have been "interesting", to say the least. Great ann today, we might be looking at $30kg now in PFS or can be 99.99% confident in the PEA at $38kg now. Onwards and upwards! biggrin.png
    Last edited by TheAlpha1: 10/04/24
 
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