Your post lost its credibility as soon as you wrote that the new...

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Birchcorp

2,242 Posts.

1404

17/03/24

20:24

Post #: 72930340
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Originally posted by TheAlpha1: ↑

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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Your post lost its credibility as soon as you wrote that the new CEO brought in Albos $$$.

You are aware that the CEO has been here for one month, and this was the work and lobbying of Gavin Lockyer in 2023. Your suggestion that a skinny one month timeframe on a commitment this large (by a government) is a true indicator your out of your depth with regard to how business finance works, and timeframes.

Last edited by Birchcorp: 17/03/24

ARU Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
25 Upvote

3 Great analysis

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