Socrates,
Why are you so concerned about "share prices"?? Wouldn't market cap be a more useful way of comparing the companies?
LYC- 2.9 Billion
ARU- 500 Million
ALK- 293 Million
GGG- 315 Million
When you compare this number to the size of the respective resources, GGG is trading at a MAJOR discount to its peers.
LYC- 1Mt
ARU- 0.75Mt
ALK- 0.5Mt (though dominantly HREO)
GGG- 4.5Mt
http://www.australianrareearths.com/images/alk.gif
The market is fully aware of the timeline, and hurdles that GGG has to overcome, to move it into production.
RMR has a much much longer way to go, I see you have jumped on that bandwagon..
cheers
Socrates,Why are you so concerned about "share prices"??...
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Last
2.4¢ |
Change
0.001(2.13%) |
Mkt cap ! $33.80M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $19.34K | 813.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1099445 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 181063 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ETM (ASX) Chart |