I agree (maybe), but it is not that simple as it may be essential for a small raise, without the benefit of being in the data room and reviewing the modeling we have to cover all bases, my point being there was a chorus that wanted offtakes announced at 20c.
My view: Watch this run, who wouldn't be interested in ARU while the share price is at its infancy, and then underscore the share price drip feeding announcements, and if required, raise as appropriate.
I tried to find another company outside of LYC (reasonably well progressed) and in the REO space in Australia to avoid sovereign risk-all weekend... nothing!
5% of World's REE, page-8
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Last
15.5¢ |
Change
-0.010(6.06%) |
Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.5¢ | $1.206M | 7.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 3973560 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 341876 | 8 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |