ARR 6.38% 25.0¢ american rare earths limited

tbh I wouldn't be surprised by a TO offer in the near future....

  1. 235 Posts.
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    tbh I wouldn't be surprised by a TO offer in the near future. The large mining companies and other strategic investors are on the hunt for cheap acquisition targets. Markets and commodity prices are at (or close to) their bottoms which makes it a lot more difficult to get financing to develop projects by yourself. At the same time, company valuations are so low that many high potential projects become very cheap TO targets with extreme potential returns in the future. It happened to me just recently in a lithium play. I have no idea whether we're on their radars and whats happening in the background, but keeping my fingers crossed for us to make it through the valley without being taken over too cheap. For now, I trust in our management and wish everyone here maximum returns
 
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