ARR 3.92% 24.5¢ american rare earths limited

Resource estimate increase announced on the 7th Feb, SP closed...

  1. 263 Posts.
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    Resource estimate increase announced on the 7th Feb, SP closed the day @13.5c and no movements for next 2 days, then US markets moved, ASX kept following. I am puzzled to how ASX response to announcements, it is not only to ARR, several examples I have seen. There are cases where they fly on no news. In the case of ARR there is the US market, so not as doomed as many others. Although I am not knowledgeable to read/interpret mining reports like the experts here, I am getting a feel that this resource (the so called 25%) is to last 150 years mining. Mine it 5 times faster for a 30 year life which still seems excellent. However, my one real concern is that why no one significant is noticing ARR (includes, US government, Defence, other smart investors etc etc). The intent of my discussion is only for the common interest of all of us here. The market manipulators probably have their own communications and may have their presence here, but I hope we can still share valuable insights to drive the market to be a bit more fair.

    https://hotcopper.com.au/data/attachments/6045/6045305-2485e007a5d623d141dee482aca4aed9.jpg
    https://hotcopper.com.au/data/attachments/6045/6045286-74eda247bc0b022b17994a3d350bad73.jpg
    https://hotcopper.com.au/data/attachments/6045/6045290-fdaee96e597f9cbaa85b1a911d840724.jpg



 
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24.5¢
Change
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Mkt cap ! $120.8M
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25.5¢ 26.5¢ 24.5¢ $188.1K 746.4K

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6 117395 24.5¢
 

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Price($) Vol. No.
25.0¢ 2520 1
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
24.8¢
  Change
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25.0¢ 26.0¢ 24.8¢ 225569
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