Enormous potential with the rare earths side. A good comparison is with VML (which I also own).
$40m market cap, indicated resource of 1.6MT at 24.2% NdPr. Same plan as REE, to produce a concentrate, however, they are leasing their deposit.
We are about half the market cap of VML!
If Cummins Range proves up with Niobium and a higher grade NdPr deposit.... we'll be laughing. The NdPr grade is already very good with Cummins Range, in addition to ultra low levels of thorium and scale.
That is really what the market needs to contemplate. We don't have one REO NdPr project... we potentially have a monster in Mt Weld North, we have exposure to Gold-Copper Porphyry discovery and our own gold project at Orange East.
Talk about undervalued!
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1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.06M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $1.795K | 128.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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15 | 2420281 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.4¢ | 295890 | 1 |
View Market Depth
No. | Vol. | Price($) |
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15 | 2420281 | 0.013 |
7 | 772996 | 0.012 |
5 | 622725 | 0.011 |
17 | 5368505 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 295890 | 1 |
0.015 | 135000 | 2 |
0.016 | 1514609 | 7 |
0.017 | 300000 | 1 |
0.018 | 920000 | 3 |
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