Ann: Two REE Trends Identified at West Arunta, page-228

The selling today is ridiculous.

Here are some stats for this year!

Nearly 202m shares traded since Jan 2024. Total SOI is ~230m

The CR shares got issued 22nd Jan. We have had 66.4m shares traded since then.

Total CR shares issued at 3.3c was 43.5m shares

VWAP since the 22nd Jan (issue of CR shares) is 3.7c!

VWAP for 2024 is 3.8c

Current price is 3.3c

Drilling to get underway in a few weeks, so everyone is selling cheap and below all VWAP stats. That makes perfect sense....lol

Please note: There are 5c options to exercise. Therefore management would want the SP to be over that price!!