U.S. markets got smashed fri.
Expect most ASX stocks to fall today.
Hold firm.
Should have positive news soon re SML.
Tanzanian Cabinet sitting, hope/expect SML on the agenda.
Should be just a matter of a tick from the Cabinet as all Government concerns/questions have apparently been satisfied.
The rise in the Company share price is due mainly to the rise in NdPm REE, the election of Biden and the world going electrification.
So SML should see a significant rise in share price.
Following the SML i would think we would see further announcements fairly quickly regarding:
*Peak and Tanzanian Government agreement on operations going forward.
*Off take agreements
*Funding
The Ngualla Rare Earth Project is a fantastic asset with huge potential.
SML APPLICATION, page-8
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Last
21.0¢ |
Change
0.003(1.20%) |
Mkt cap ! $55.95M | |||
| Open | High | Low | Value | Volume |
| 20.8¢ | 21.0¢ | 20.5¢ | $15.24K | 72.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 91 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 151525 | 2 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| PEK (ASX) Chart |