It would seem that the “Gina” factor is more attractive than the $550m "bombshell news drop" and near-term SP performance, given Friday’s significant dip after such positive news, while another REE peer finished in the green, coughs A*R. As mentioned a few months back, when I held a modest position @ 17c post-CR, look out for a Gina TO in the 40-70c range. ARU is a rudderless ship that’s been dead in the water for nearly 20 years. Kudos to the new CEO though bringing in Albo’s $$$ I’m genuinely shocked this dipped on Friday; next week will be the make-or-break week if ARU can’t crack 30c next week and hold it over the next 20 trading days; a Gina takeover is all but certain, IMO. Ultimately, ARU has 24-36 months post-2027 as a producer to generate revenue but no profit; Nolans is only economical at $130,000t making it difficult to raise funds still needed for the train to leave the station, possibly why Albo's $ didn't move the needle much. Another significant CR is necessary - and ARU will likely pivot to become a refiner of other REE projects’ feedstock as a private Rihehart-owned company. I bought the news last week and got in @ 19.5c for a mere 10k units, and I was very shocked I got in at that price and sold 9k @ 26.5c, I’m keeping an eye on next week’s make-or-break moment that will determine if ARU remains a public entity or becomes a private entity. GLTAH
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Open | High | Low | Value | Volume |
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123 | 6665899 | 0.155 |
87 | 3071377 | 0.150 |
21 | 930312 | 0.145 |
21 | 3106306 | 0.140 |
Price($) | Vol. | No. |
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0.165 | 1099096 | 25 |
0.170 | 1164756 | 27 |
0.175 | 839962 | 15 |
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0.185 | 702172 | 16 |
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