ARR 1.75% 29.0¢ american rare earths limited

Ann: Cowboy State Mine Sampling Update, page-33

  1. 4,037 Posts.
    lightbulb Created with Sketch. 790
    I like your thinking
    for what its worth
    they just raised money and state they are well covered to the extent they have brought their plan of works forward a full year so on face value no new CR (dilution) imminent

    how can they make money out of this without dilution and at the same time need 450 mill capex

    ....well they have said they don't want GOv support ?
    interesting as who would not want a gov handout
    so they must have another/better idea
    ? prove it up further with current CR cash and sell it is my thinking
    or get taken over with script from a suitor..so we get shares in Lynas or whatever

    what's it worth at this stage ?
    500mill MC easy
 
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