Day trading pre-market open July 2, page-6

  1. Ben2010
    30,284 Posts.
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    02/07/21
    08:02
    Post #: 54225845
    New float AR3 up 83% yesterday at close. Not much in sell depth. Should be some more in it today imo

    https://hotcopper.com.au/data/attachments/3321/3321337-8c4f248686fdb0afdbe6f0a2d85920b1.jpg

    Australian Rare Earths gains 80 per cent

    With a $13.5 million market cap Australian Rare Earths is a minnow but it easily outperformed PEXA and .

    This company’s Koppamurra project in South Australia and Victoria is, according to the company, as well as one of only two exchange listed opportunities globally.

    The other belongs to Uganda-based .

    AR3 already has an inaugural JORC Inferred Mineral Resource of 39.9Mt at 725ppm TREO (Total Rare Earth Oxides) and is awaiting assay results from its latest drilling program some time this quarter.

    “The company is focused on executing our growth strategy to ensure AR3 is in a position to become a strategic, independent and sustainable source of rare earth elements, which will play a critical role in the transition to green economies globally,” said non-executive chairman Dudley Kingsnorth.

    “It is shaping up to be a busy second half of 2021 and we look forward to building on the strong foundation that has been established at Koppamurra.”



    Last edited by Ben2010: 02/07/21
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