BRE 1.03% $2.95 brazilian rare earths limited

I think the MC is currently around $370M fully diluted, but have...

  1. 968 Posts.
    lightbulb Created with Sketch. 204
    I think the MC is currently around $370M fully diluted, but have loads of cash in bank.

    Does anyone have any opinion on yesterday's announcement vs the current SP/ MC ?

    No-one seems to be discussing this, not much excitement either on how insanely high these grades are.

    I realise it's a hard rock deposit, but we're talking borderline world-first highest grades/ intercept values here.

    Has anyone here heard of any drilling TREO grades as high as what was reported yesterday?

    BRE also have a huge land parcel along strike in this province.

    Just surprised of no real discussion here.
    What am I missing that doesn't make yesterday's news amazing to say the least??



 
watchlist Created with Sketch. Add BRE (ASX) to my watchlist
(20min delay)
Last
$2.95
Change
0.030(1.03%)
Mkt cap ! $275.5M
Open High Low Value Volume
$2.93 $2.99 $2.82 $462.5K 159.6K

Buyers (Bids)

No. Vol. Price($)
2 2946 $2.94
 

Sellers (Offers)

Price($) Vol. No.
$2.99 5000 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
BRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.