this is a graph that gets put up many times, we are in the blue zone, until finance is secured and final investment decision are done we won't have a compelling story for the institutions to get on board. The speculate money isn't interested in this stock , it's chassing explorers, second issue is the rare earth price at the moment. Some irony is that china needs a new mine to replace MP, but current prices isn't viable for peak.
question is and my theory, with more down stream processing this will reduce rare earth magnets prices, but will increase the unprocessed ore demand . With more downstream processing, it turns the miners from price takers to price maker's. Also means the car manufacturer will have a more favourable buisiness model to go towards electrical cars.![]()
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $53.28M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.0¢ | $11.4K | 55.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 167499 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 5886 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17499 | 0.200 |
2 | 46125 | 0.195 |
2 | 155516 | 0.190 |
2 | 105000 | 0.185 |
1 | 29000 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 5886 | 1 |
0.215 | 4928 | 1 |
0.220 | 30000 | 1 |
0.225 | 66158 | 3 |
0.230 | 71440 | 4 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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