MEI is $350 million market cap and the reason is simple and i should have realised this earlier.
Ionic clay deposits are so much cheaper to process than non-ionic and the market only wants to reward cheap producers who will be first to market.
AR3 is the only true Ionic deposit in Australia. It also will be first to produce in Australia IMO because of its 100% Ionic nature.
MEI has flown for a reason and AR3 has same characteristics.
AR3 will produce MREC for off take partners to process this year that i am in no doubt.
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AR3
australian rare earths limited
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MEI is $350 million market cap and the reason is simple and i...
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Last
5.2¢ |
Change
-0.004(7.14%) |
Mkt cap ! $11.02M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.2¢ | $3.026K | 57.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19200 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 28600 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19200 | 0.052 |
4 | 251427 | 0.051 |
9 | 288932 | 0.050 |
1 | 76000 | 0.046 |
1 | 300000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 28600 | 2 |
0.056 | 99331 | 4 |
0.058 | 23300 | 2 |
0.060 | 16700 | 1 |
0.061 | 146716 | 2 |
Last trade - 14.56pm 25/06/2025 (20 minute delay) ? |
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AR3 (ASX) Chart |