Socrates,
Why are you so concerned about "share prices"?? Wouldn't market cap be a more useful way of comparing the companies?
LYC- 2.9 Billion
ARU- 500 Million
ALK- 293 Million
GGG- 315 Million
When you compare this number to the size of the respective resources, GGG is trading at a MAJOR discount to its peers.
LYC- 1Mt
ARU- 0.75Mt
ALK- 0.5Mt (though dominantly HREO)
GGG- 4.5Mt
http://www.australianrareearths.com/images/alk.gif
The market is fully aware of the timeline, and hurdles that GGG has to overcome, to move it into production.
RMR has a much much longer way to go, I see you have jumped on that bandwagon..
cheers
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Open | High | Low | Value | Volume |
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7 | 1566915 | 0.020 |
6 | 554157 | 0.019 |
4 | 427777 | 0.018 |
3 | 198800 | 0.017 |
Price($) | Vol. | No. |
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0.016 | 510000 | 1 |
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