AR3 australian rare earths limited

Ann: Consistently high grade returned from recent drilling, page-28

  1. 283 Posts.
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    Noted.I understand the risk but if they give people comfort on the ability to recover the rare earths cheaply AR3 as the first mover in the area had plenty of time to acquire the prospective ground.The exception may be the Savic ground which was held long before AR3 acquired its ground and is right next door on the Victorian side of the border and less than 3 Km from the discovery.A TSX company, Lions Bay Capital (LBI) has announced it is farming into the Savic ground.LBI has a market cap of $10 million which is below its NTA.Also hs large shareholdings in a couple of companies such as ELT and SHP.
 
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5.5¢
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