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Good news, missed by the market... Management need to pull their...

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Iknowyysh

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10/04/24

11:24

Post #: 73273631
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Originally posted by Fermat: ↑

" Gina Rinehart, the Australian billionaire, has acquired a 5.3% stake in the US-based rare earth mining company MP Materials. 135The key details are:Hancock Prospecting, Rinehart's mining firm, has purchased approximately 8.8 million shares of MP Materials, a leading rare earth producer in the United States. 1This investment adds to Rinehart's existing rare earth holdings, which include a 5.85% stake in Brazilian Rare Earths and a 10% stake in the Northern Territory's Arafura Rare Earths. 3MP Materials, which previously held merger discussions with Australian rare earth company Lynas Rare Earths, has a market capitalization of $4.3 billion. Rinehart's 5.3% stake is valued at around $150 million. 3Securing rare earth supply outside of China's control has been a strategic focus for both the US and Australia. Rinehart's investments in these critical mineral companies align with this goal. 23In summary, the Australian billionaire Gina Rinehart has made a significant investment in the leading US rare earth producer MP Materials, further expanding her portfolio of critical mineral assets "

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Good news, missed by the market... Management need to pull their finger out an take advantage of this news and the gold price...

DTR Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.002(13.6%)		Mkt cap ! $13.80M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$45.09K	4.660M

Buyers (Bids)

No.	Vol.	Price($)
14	3091853	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	863885	4

View Market Depth

No.	Vol.	Price($)
14	3091853	0.009
14	2705659	0.008
5	1649280	0.007
1	120000	0.006
1	700001	0.003

Price($)	Vol.	No.
0.010	863885	4
0.011	500000	1
0.012	1176794	3
0.013	2477151	4
0.014	1337633	2

Last trade - 13.13pm 06/05/2024 (20 minute delay)


Last 1.0¢			Change -0.002 ( 13.6 %)
Open	High		Low	Volume
1.0¢	1.0¢		0.9¢	4341906
Last updated 13.48pm 06/05/2024 ?

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