Amigos, this presentation has set the scene. Don Swartz has clearly outlined what can be expected in the short term and the mid term. We might only have to wait 4 to 6 weeks for the assays: "The program, totaling 2,389 metres (23 holes), has been completed on schedule with assay results expectedin December 2023." On top of that, the recent announcement of metallurgical results was fantastic - the rare earths can be dissolved from the ore by simple tank leaching. Low Capex and low Opex! Then in 2024 the development process is outlined on page 13:
"Phase 1:
• Finalise scoping study Q1 2024.
• Pursuing test mine authorisation from the State of Wyoming(Timeframe less than 1 year).
• Test mine and piloting.
• Low-cost path to de-risking project.
• Flowsheet provided in Appendix."
I recall @waiken previously posting that he believes ARR will have a billion dollar market cap (ie 15x bagger from here). And I reckon he is correct. When it happens, I'll be booking a trip to the USA and visiting Laramie and Halleck Creek. Hope to meet fellow shareholders.
- Forums
- ASX - By Stock
- ARR
- Ann: Investor Presentation
Ann: Investor Presentation, page-9
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARR (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.0¢ |
Change
0.020(7.14%) |
Mkt cap ! $148.3M |
Open | High | Low | Value | Volume |
28.0¢ | 30.0¢ | 28.0¢ | $715.1K | 2.442M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 87663 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 422085 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 83913 | 0.290 |
2 | 9000 | 0.285 |
7 | 94765 | 0.280 |
6 | 131633 | 0.275 |
7 | 81827 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 422085 | 10 |
0.305 | 77972 | 3 |
0.310 | 21636 | 2 |
0.315 | 10875 | 1 |
0.320 | 189188 | 6 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
ARR (ASX) Chart |