Its all too late for the promises given to many shareholders under the past management structure, but Rowena and Co. are starting to deliver on what they promised at the beginning of the year, shortly after last years capital raise at $1.73. Two decent USA offtake agreements, with more across multiple geographical centres coming and a few decent government grants helping the standing cash situation.
I am a bit bemused by why people would sell down below prices below prior to the USA Rare Earth LLC deal, with more offtake deals clearly coming, and have bought more in the absence of any obvious information that might explain such a sell down. Irrational selling, but the market is full of irrational selling and buying, ASM one of the best examples therein.
ASM Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
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