Well said PM. I'm also a near 7 digit holder (peak 1.2mil) for the past 10yrs, and patience is needed as this will take-off quickly when the off-take and financing announcements are made.Expect a trading halt at that time as there will likely be Equity,SPP, options or rights announcements made at the same time. Alternatively I'm impressed by the thinking in this thread re: USA Rare Earths IPO and a tie-in with their metallurgical plant to process ARUs TREO. IMO a $4 SP highly unlikely (ever), ie a MC of 4.8bil+ UNLESS this mine is much much bigger than what the Geo has revealed, and they'll only know in 3-4 yrs time.IMO a MC around $1.2-1.5bil (based on 1.2bil shares) is more realistic as I expect NdPr pricing to stabilise/drop from 2025 onwards but be above $US60/kg.So with AISC of around $US25 that's a tidy revenue stream for 39+yrs that my future grandchildren will enjoy!! Current Issued shares+options+performance rights = 1.2 billions shares, expect equity dilution when it comes to Financing agreement (but hopefully at $0.25+ cost). IMHO I've finished buying and now saving up funds for the Equity raising that will be coming 2nd half CY21, I expect when OT/Finacing finalised, so as to give we longterm Shareholders the ability to participate in the company's good fortunes. I expect a non-renounceable rights issue at somewhere bw 0.25-0.40 depending on how quickly the SP takes off. I think within 4 yrs she'll hit $1.20 (MC prob $2.0-2.5bil) esp once the first shipments are happening. Apologies if this is longwinded.
Food for thought DYOR.
Thanks acouch I've learn't more about charting from your posts than from anywhere else.
- Forums
- ASX - By Stock
- ARU
- ARU Chart Thread
ARU Chart Thread, page-39
-
-
- There are more pages in this discussion • 2,979 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $431.2M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 16.5¢ | $751.9K | 4.389M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 519867 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 3104135 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 399867 | 0.170 |
15 | 480333 | 0.165 |
30 | 1290273 | 0.160 |
21 | 1765211 | 0.155 |
88 | 2845516 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 443377 | 18 |
0.180 | 1608917 | 24 |
0.185 | 542235 | 10 |
0.190 | 444291 | 9 |
0.195 | 513495 | 14 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |