ARV 8.33% 1.1¢ artemis resources limited

some serious buyers coming in, page-11

  1. 5,378 Posts.
    lightbulb Created with Sketch. 2
    Bahar,

    ARV: still very early days, i would not count it as PEK yet. But what it has is an initual IGV of USD3billion of REO resource already (60kt @ USD50,000/tonne). There were 3500m or 80 holes of drilling done at Yangibana to come up with that resource. Personally, I guess this is base only on shallow depth and small proportion of Rare Earth mineralisation. There is 25km of mineralisation in Yangibana, so there are lots more need to be done. And we will need ARV to come out with what they found at the ground earlier this year. Having said that, it is a no brainer under 10c IMHO.
 
watchlist Created with Sketch. Add ARV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.