This is why I believe BRE is hugely undervalued.
I think the sheer scale of their current and ''soon to be discovered'' deposits will be welcomed for any rare earth deficit in future years.
As far as I'm concerned, BRE's grades/ discovery thus far is unprecedented and one of an extremely rare kind, and BRE control the strike!
“Adamas Intelligence forecasts that the value of global magnet rare earth oxide consumption will increase five-fold by 2040, from an estimated us $10.8 billion this year to us $56.7 billion by 2040,” the document reads.
https://www.mining.com/supply-of-rare-earth-magnets-wont-keep-with-demand-by-2040-report/
This is why I believe BRE is hugely undervalued.I think the...
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Last
$2.80 |
Change
0.030(1.08%) |
Mkt cap ! $193.6M | |||
| Open | High | Low | Value | Volume |
| $2.77 | $2.84 | $2.71 | $126.0K | 45.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8107 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.80 |
Change
0.030 ( 1.12 %) |
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| Open | High | Low | Volume | ||
| $2.73 | $2.84 | $2.72 | 3941 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| BRE (ASX) Chart |