You do know there is a limit to the pump right? Share price can't sustain itself when the grades aren't that good. The mining has to be commercially viable in order to go ahead. The geopolitical situation is only a phase. It's happened before in the past and it's just repeating itself.If you recently bought on the hype I feel sorry for you. There were plenty of opportunities all last week to pick up ARR. It is definitely overvalued at the current market cap. 20c+ was the perfect sale price.
Only Listed US Rare Earth Deposit - "Trump Moves to Expand Rare Earths Mining, Cites China Threat", page-43
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $140.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 27.8¢ | $236.2K | 832.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2400 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 48875 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ARR (ASX) Chart |