Today is another example of how long the road actually is to mining any rare earth element. The hoops are so many and so expensive to jump through - especially in regards to financing, enviromental impact, saftey and metallurgy - so complex. Any REE mine is extra-ordinarily expensive to operate - probably more so in Australia. Ye old ARU - hard to believe the gap between ARU and LYC nowadays in valuations given the basket is so historically high and amidst a demand bubble IMO.
12 month delay on bfs, page-25
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $443.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $354.0K | 2.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 640492 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1659291 | 28 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |