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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19.0¢ |
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Mkt cap ! $438.9M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $1.711M | 8.820M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1677103 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 509236 | 7 |
View Market Depth
No. | Vol. | Price($) |
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8 | 1677103 | 0.190 |
18 | 1309078 | 0.185 |
76 | 2772411 | 0.180 |
43 | 2325230 | 0.175 |
36 | 4168512 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 509236 | 7 |
0.200 | 1909528 | 43 |
0.205 | 1352527 | 24 |
0.210 | 1419968 | 26 |
0.215 | 512332 | 14 |
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