Sitting on a good cash runway in a very tight capital market, also a respectable cash burn rate of $0.9 m/quarter compared to say AR3 at $2.7m a quarter.
Stand out is that they have pencilled in a scoping study, is this the first scoping study from Aus REE clay peers? I don't think even AR3 are talking about any formal studies as far as I am aware. We really need to see some studies, at the moment it is very difficult to understand which ones have legs as there are so many moving parts/factors.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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Last
27.0¢ |
Change
-0.025(8.47%) |
Mkt cap ! $21.97M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 27.0¢ | $42.49K | 150.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90507 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 19353 | 1 |
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| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
27.0¢ |
Change
-0.025 ( 8.47 %) |
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| Open | High | Low | Volume | ||
| 30.0¢ | 30.0¢ | 27.0¢ | 68870 | ||
| Last updated 14.47pm 27/05/2024 ? | |||||
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