ARR 1.92% 26.5¢ american rare earths limited

Broken Hill multi commodity province., page-42

  1. 2,805 Posts.
    lightbulb Created with Sketch. 1707
    Amigo, in the last 9 months or so, ARR has taken extra area to double the size of the prospect at La Paz also it has assayed rocks, etc to show there is consistency in mineralogy. To be honest, the average grades are lower than many deposits in the world. However from my understanding of recent annoncements, ARR is planning exploration to test the areas where grades may be higher plus whether grades are higher at depth (below 30m). I am may be over simplifying things, but it reminds me of some huge porphyry gold deposits - their grades are lower than high grade narrow gold veins, but the sheer size and consistency of these porphyries make them very longterm producers with low capex & low opex. Also they often have other valuable metals to increase the profitably of the operation. As for the Wyoming prospect, we need to wait for ARR to announce its intentions, but it looks very promising at the moment.
 
watchlist Created with Sketch. Add ARR (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
0.005(1.92%)
Mkt cap ! $131.0M
Open High Low Value Volume
27.0¢ 27.0¢ 25.5¢ $184.4K 702.0K

Buyers (Bids)

No. Vol. Price($)
2 42982 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 3580 2
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
ARR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.