Ann: Thick, high-grade Niobium-REE at Aileron - West Arunta, page-135

Oh what a week.

A great announcement, reaching 57, dropping to 42.5 and just holding the level of mid 40s for now.
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Many are excellent on FA, I can never match them, so will just look at price action, from my view, may not be right.
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So we made good gains upto 57, but then have come back to play mid 40s, pre announcement levels, why? I could be wrong, but I feel that the rise to mid 40s was somewhat priced in, because not long time back we were in 20s. So doubled nearly. It needs a bit of consolidation, before punters get set for next leg. If 40s can be what was 20s sometime back, its still very good. A great platform to launch the next wave.
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Personally, as I have mentioned last few weeks, my average buy is 33, I have said I will hold till 40 looks like holding. So sitting tight for now.
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For those interested how ENR is tracking against other REE stocks or who hold multiple REE stocks, I do a Weekly Report across 26 ASX REE stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.

Here is the report for this week.
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https://hotcopper.com.au/threads/mtm-weekly-report.7370668/#post-69057620