This is the main reason REE's are down.... and probably staying down for a while yet.
DRE seems to be following this chart as well.
The Chinese ppl are some of the biggest buyers of physical gold.
They are also some of the biggest savers.
With the Chinese property crash and Stocks following as well, it's quite likely they will turn to gold.
Just as with the economics of rare earths.... even small high grade shallow gold deposits will be very viable.
All may not be lost here.
This is the main reason REE's are down.... and probably staying...
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $77.28M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $16.77K | 741.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3166924 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 867555 | 6 |
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| Last trade - 12.06pm 12/07/2024 (20 minute delay) ? |
| DRE (ASX) Chart |