(1) Market cap. has only just gone over $5 million, yet ...
(2) GIP has just announced a feldspar agreement for $120 million, which is only part of the feldspar that will be available for sale. The company is yet to sign up customers for the tantalum etc.
(3) Upcoming EIS, BFS and so forth are almost irrelevant now as far as whether this company will succeed it seems. With the first offtake agreement signed ahead of schedule, the likelihood of the project being funded and going ahead appears to be almost certain. If my information is correct, this is better than my beloved GTP of two years ago by a long way. The funny thing is that it took an hour for the market to wake up to the announcement in January last year, before the price tripled in the following hour. That was a great day trade for me. This time the stock is a keeper.
AR1 Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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