Another large deposit in the Esperance field that is not economic to recover. Esperance clay fields are large, high grade but unfortunately the mineralised system responds poorly to economic leaching. Hence why the market caps of the explorers within the area are so low despite the grades and exploration upsize.
VTM will blow AR3's MRE out of the water in my opinion. Same grade or higher but VTM has a higher basket value per kg and more importantly the clay can be leached economically. DYOR.
AR3 chart starting to look weak. Buyers and volume are falling.
AR3 Price at posting:
30.0¢ Sentiment: Buy Disclosure: Not Held
