Yes, and as I always stated, that will make 2.2bil SOI and expect another 0.3bil from Strategic Equity and voila, my often stated target of 2.5bil shares on issue, and part of the reason for the $1 SP "valuation" target being an interim target for the next 12-18 months. That will equal ARUs stated low end NPV, but nothing to stop investors piling in/FOMO and this SP going much higher than that target. Lots of factors to consider....
NdPr pricing, supply v demand
Geopolitical tensions ie China as supplier further out of favour
TREO% is found to be better than assays estimated
Cost of production lower than estimated ie higher margins
I'm expecting a minimum 10c a year dividend from about FY2030, with increasing payout over Life of Mine, which will see me out !!
I will be exercising my ARUOs when the liquidity in my SMSF allows it.
GLTA(patient)H
Ann: Application for quotation of securities - ARU, page-3
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $320.3M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.8¢ | 12.8¢ | $1.205M | 9.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 110000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 456260 | 12 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |