Rare earths are almost like a leading indicator on the health of the economy - it's often the first one to fall, but it's also the first one to pick up," he explains."Not many projects would be successful at current rare earth prices, but it doesn't take much to move prices. We always keep an eye on quality because they are often the first ones to move and that's where you can actually generate great returns."Good morning all,happy Thursday ,we made the news courtesy of “Liv..wire”
Squire points to Meteoric Resources (ASX: MEI) as an example."I was in Brazil last week, having a look at the project. It's what's called ionic clay and that's a major part of the production in China," he explains.
"For a long time, it was thought to be largely restricted to China. But there's been a few discoveries recently. Meteoric has made a really exciting discovery - and it's of a far higher grade than its competitors. It also has higher recoveries and therefore the potential to be a large and world-class supply of rare earths."
DYOR please.
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Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $229.6M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $37.43K | 373.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 862193 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1014160 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 862193 | 0.100 |
5 | 159448 | 0.099 |
3 | 216842 | 0.098 |
2 | 200000 | 0.097 |
2 | 71240 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1014160 | 19 |
0.110 | 1426909 | 14 |
0.115 | 665832 | 9 |
0.120 | 924609 | 9 |
0.125 | 316370 | 3 |
Last trade - 10.44am 29/08/2024 (20 minute delay) ? |
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