Chart, page-2

Very positive week for ARU on a couple of fronts.

The WES bid for LYC created a lot of press around Rare Earths and probably reminded a few people that it is an undervalued sector. It also implies that the big companies are looking at this space. This is all positive for ARU, however that bid plays out and should enhance our debt/equity options moving forward.

ARU also released a good announcement about their discussions for offtake agreements as well, informing the market of the progress made since the release of the DFS. This is the next important step in the process, but would also have been a timely piece of information to those they are talking with, getting their competitive juices flowing if they want to secure some of our product!

I thought it was worth posting a chart update and would encourage others to add to this thread!
The weekly chart looks to have broken out of its downtrend and starting to form a solid uptrend.
Indicators all look positive for trend to continue and hopefully strengthen during the year if the MACD line can get back above 0.
I've also had a look at the monthly and its only needs a couple more months till that starts to look very positive if the trend continues.
There is a bit of stock available at 6 cents, but once we clear that, I can see this heading back to resistance levels at 10 cents before the end of the FY.