BRE 0.92% $3.22 brazilian rare earths limited

Market cap way off, page-9

  1. 221 Posts.
    lightbulb Created with Sketch. 75
    Yeh, $10 is a long shot any time soon.

    But with current grades/deposits and management, I can't see it hanging around these prices for too long.

    Instos/smart money got in at the ipo, so currently I'd assume it's only retail trying to get in, which I also assume not many know too much about BRE.

    With the top 20 owning so much of this company, on further results, I can't see this hanging around these prices for too long. And like yourself, I think $3-$4 is fair value for this year.
    But no reason by the end of the decade this couldn't be at $10.

    I haven't been this excited for a company in a while.
 
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