ARR 2.08% 23.5¢ american rare earths limited

Their value isn't derived from their grades but rather the Nb...

  1. 461 Posts.
    lightbulb Created with Sketch. 211
    Their value isn't derived from their grades but rather the Nb itself. And you sure could call it a unicorn project based off the element not the grade! With respect, grades don't scale sequentially with REE deposits either, thats a bit of a reductionist mentality in the rare earth and mining sector generally speking too. Yes, you can infer a JORC resource with reasonable accuracy based on drill and assay results alone. ARRs scale is unprecedented (largest deposit likely on earth), Hallecks grade really means nothing because of economies of scale no other player has, and it sits above 2% using just the WHIMS process. All other NdPr players are chasing crumbs off the cake, while Halleck is the cake. Time will tell very soon! I was just stating that the company should be targeting Nb when looking for future projects, infering value based on few players in that space compared to NdPr. I wasn't comparing apples to oranges at all. smile.png
 
watchlist Created with Sketch. Add ARR (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
-0.005(2.08%)
Mkt cap ! $116.1M
Open High Low Value Volume
24.0¢ 25.5¢ 23.5¢ $233.7K 952.3K

Buyers (Bids)

No. Vol. Price($)
5 102552 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 10200 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
ARR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.