ARR 3.57% 29.0¢ american rare earths limited

Ann: ARR on target for significant JORC resource, page-21

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  1. 463 Posts.
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    It can be 10 billion tonnes but it means nothing unless it's economical to extract and grades/depth are what will determine that ultimately. The problem then will be finance for the project if grades are borderline.

    I have said all along everything is in place hypothetically other than knowing what those grades and depths are, and we haven't had a game changing announcement or update on those grades yet although I am quietly confident some assay results are known just not yet released given timelines of drilling.

    Smart money doesn't fall for a stock because they polish old news to recycle it into new news, even superficial due diligence on the last announcement will reveal that it repeats months old information as though its a new discovery and it's not a good look for a company touting a potential world class resource. We are at the pointy end where numbers matter most.
 
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