Re assaying of Rio into 57000 m drilling dataset for rare earth is currently occurring with 20 to 30 percent of re-assay results due now. Remember, they accelerated the acquisition. Whilst 600 million does seem a hefty market cap, it is unique in the extremely high grade that is unmatched in the world.
technicals approaching critical levels or a retest to 1.98 is possible to close gap. However if results drop in the next few days you can expect new highs. All pending on the news flow to keep momentum going.
Ann: BRE Exercises Option to Acquire Sulista Rare Earth Project, page-18
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Last
$3.10 |
Change
-0.020(0.64%) |
Mkt cap ! $289.5M | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.28 | $3.10 | $419.2K | 131.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 844 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 2795 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BRE (ASX) Chart |