Apart from the pull back in RE pricing the other share price brake (remaining ECE shares) has only got 40 million units of power.
Do the brakes get released at the time of last sale?
Is ARU in the end stages of the 'Orphan' period.
I always return to the graphic below as the reason for my investment.
Who dosent want a part of that?
With 24.6Mt of probable ore reserves. that places ARU with 6 times the total of AUST current known reserves and 1/2 of China's discovered reserves
https://www.visualcapitalist.com/rare-earth-elements-where-in-the-world-are-they/
Resource is defined, DFS is complete, FID remains
Planning to mine 4440 million tns of NdPr pa and have a MC of 845 million at 40c
When LYC is mining 5880 million tns pa (2022) and has a MC of 6.8 billion today.
I feel there is room for growth.
This project has been in progress for 20+ years, finally the ducks are lining up with commodity cycle and demand for product and major investors on board.
Conviction to hold is all that is needed now.
https://microcapclub.com/2014/08/the-conviction-to-hold/
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $345.0M |
Open | High | Low | Value | Volume |
14.0¢ | 14.3¢ | 14.0¢ | $225.3K | 1.602M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
59 | 1514458 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 1486566 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
59 | 1514458 | 0.140 |
37 | 2002780 | 0.135 |
32 | 1903253 | 0.130 |
20 | 1729935 | 0.125 |
31 | 1100330 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 1486566 | 26 |
0.150 | 1753183 | 14 |
0.155 | 861965 | 11 |
0.160 | 845643 | 16 |
0.165 | 1803423 | 22 |
Last trade - 13.46pm 07/11/2024 (20 minute delay) ? |
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