This is not a short term play, I did very nicely out of LYC,ARU,ALK,GGG however this resource is different to the others;
I could,nt believe what I was reading some weeks ago and yesterday in the report so much success so soon!
Opportunities;
- Near Surface Orebody
- High initial Grades
- Indicated/Inferred contained MT world class
- Grades enable processing options and flexibility < lower capex/opex than Mount Weld,Dubbo,Mountain Pass etc etc
- Timing right from explorer to devloper status
Negative;
Africa - Sovereign Risk - Higher cost of capital
No spot price for REE
Any I am bagged and tagged cant wait for the next resource upgrade I expect this to be a while, patience is a virtue.
promotion, page-32
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $57.28M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.5¢ | $37.27K | 173.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 74382 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 3699 | 4 |
View Market Depth
| Last trade - 10.30am 05/08/2024 (20 minute delay) ? |
| PEK (ASX) Chart |