Mining stocks are complex, Google the ’lassonde curve’ for mineral explorations, and given this is a rare earth industry, ARU is more complicated then the cycle for basic resources such as gold, coal, and iron ore.
Rare Earths are not a find and mine industry. Rare Earths are a find, mine and refine. You have to allow almost a decade to understand and design/refine aspect of the chemistry alone. This is why ARU has very limited competition. ARU methods are patented, and the pilot plant has already proven the product to customers, and further, newcomers to the industry cannot simple drill for product and start producing (that’s the benefit of ARU), others must design their process (over ten years), which will always be unique to every project.
Most companies, exploration 1&2 require a decade at best, given your emotional attack on Gavin, you may have misunderstood this aspect of Rare Earth Oxides on your initial investment. This is understandable as REO’s that are in production (outside of China) have never been successful outside of two companies… I do however agree with your comment on Gina, as she has been at this stage many times, so can provide her network to allow smooth sailing through construction. Construction being the section above where share price increases.
The great thing is, and referring to the graph above, you will now see some return for your patience. Technically, we have not hit ‘construction starts’, so in theory, that’s looking great for the share price to trend forward.
Enjoy the run up!
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Open | High | Low | Value | Volume |
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64 | 3426070 | 0.125 |
74 | 3085220 | 0.120 |
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33 | 1399231 | 0.110 |
Price($) | Vol. | No. |
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0.140 | 1321377 | 19 |
0.145 | 866116 | 20 |
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