Nothing is guaranteed; time is ticking. Hell, time has been ticking for nearly 20 years. This 10-15-year timeline you speak of is pure fantasy in 2024. Offtakes will be off the table if the supply can be sourced reliably/cheaper/sooner elsewhere. What does that mean for ARU? Do they become a lawsuit paper listing? The fact is, Nolans will never begin operations and forget supplying offtake agreements. Nobody is forecasting $130kg. Only ARU is because they must; otherwise, there is no business model... I hope I'm wrong and that prices rise, but I'm not going to delusionally speculate with fantasy numbers like ARUs management/BOD. (The fact is at $16c ARU is $7.5c overpriced IMO). Time will tell either way. Short-term, I expect the SP to trade sidewards and then drift up (two months), after which she slides down throughout the rest of the year, IMO.
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17.3¢ |
Change
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Mkt cap ! $418.9M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $100.0K | 577.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 844634 | 17.0¢ |
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Price($) | Vol. | No. |
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17.5¢ | 2417402 | 31 |
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No. | Vol. | Price($) |
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42 | 844634 | 0.170 |
31 | 1623238 | 0.165 |
33 | 1351559 | 0.160 |
24 | 2171235 | 0.155 |
82 | 2466830 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 2417402 | 31 |
0.180 | 1513819 | 38 |
0.185 | 1024717 | 16 |
0.190 | 828369 | 15 |
0.195 | 818166 | 18 |
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