Im still a believer. It might be overt optimism or simply being in too deep to contemplate otherwise.
However, with the GE announcement expected this quarter, which will go hand in hand with substantial funding and the green light to get the Nolan’s project finally happening, surely things have to turn around sometime in the next several weeks ?
Yes, the NdPr price is currently low, but it’s my understanding that the guaranteed offtakes are locked into a price range that is still profitable for ARU independent of China’s manipulation.
I forecast a race to cover short positions and an upward spike in SP in the not too distant future, followed by a relatively steady increase over the next 2 years as Nolan’s progresses towards production and profitability. Assuming that the last couple of chips fall into place, there is tremendous upside to the current, beleaguered share price.
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $383.8M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $245.7K | 1.529M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 333293 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 877689 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 287968 | 0.160 |
117 | 5714990 | 0.155 |
85 | 3116990 | 0.150 |
27 | 1216669 | 0.145 |
22 | 2738632 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 487129 | 11 |
0.170 | 1583613 | 27 |
0.175 | 616463 | 14 |
0.180 | 986749 | 20 |
0.185 | 447273 | 14 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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