ASR 11.1% 0.4¢ asra minerals limited

Ann: New World Metals Investor Presentation, page-44

  1. 4,738 Posts.
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    Some good comments there Sun and volume has been compelling. In the last six days we have had four days of over 20 million shares on the ASX alone, including 32 million yesterday. Prior to that we had nothing over 20 million since our name change and only four days over 10 million, so it does stand out as quite significant on a rising price.

    Apparently results coming in from over 10,000 meters of drilling, which is great if we can believe it.

    They have made two "promises" below, as you say, metallurgy results in September / October and interim maiden REE resource estimate before the end of next quarter. They have never kept their promises before, but as you say, let's see ...

    Finally in the last bullet point, as always "this is a really exciting period for ASRA" rolleyes.png

    I am hoping we can see a nice spike during the remainder of this year, plus have enough cash to get through to the new year, particularly if they start to gradually sell off some of the crypto. As several have posted previously, the next run is not so much about the gold but more about the REE, which I think has a lot more upside in terms of speculative appeal as less of a ceiling on share price with REE IMO.



    https://hotcopper.com.au/data/attachments/4665/4665202-04f722ed36fddeaced3a31a32ccb1846.jpg



    Last edited by Von Rico: 09/09/22
 
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