Possibly views can change based on if one is holding or not holding. I am only sharing my thoughts for stakeholders who still has any doubts and not for those who may already have firm belief that ARR is not a good investment at the least for the moment.
I am wondering how many companies were lucky to get such offers for LT loan. Of course every loan comes with conditions, the issuance of such a letter I suspect would have gone through a rigorous process which ARR passed. Take the case of any loan offer for that matter, say home loan, you make an application, it gets evaluated and you receive a letter of approval, then you go and present your house and final approval follows.
In this case 1) there is a multi generational resource already, 2) there is more than one researched process to extract these metals, 3) there is someone ready to finance the project - 456M is based on the initially published estimate, I believe it could increase because it is a promotion 4) Good management ready to develop the project 5) good location .....6) good demand for the metals for a foreseeable future 7) .... I wouldn't want to keep stating more and more as this is a unique opportunity it could go like 25 items.
Economy of this project compares or betters current subsidised Chinese prices - some 35$ as per initial report. I am wondering why we get such unsupported statements here some days. If certain people here are truly that knowledgeable like a mistic etc, the projects should consider consulting them. Just my thought, GLTAH
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Last
25.0¢ |
Change
0.015(6.38%) |
Mkt cap ! $123.6M |
Open | High | Low | Value | Volume |
24.0¢ | 25.0¢ | 23.5¢ | $273.7K | 1.127M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4510 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 29996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 291050 | 0.240 |
7 | 96110 | 0.235 |
4 | 130484 | 0.230 |
6 | 230438 | 0.225 |
3 | 160000 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 29996 | 1 |
0.260 | 10800 | 1 |
0.270 | 10700 | 1 |
0.275 | 130019 | 5 |
0.280 | 60347 | 3 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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