AHK well under the radar, and I have the feeling some are quite happy with that, so they can accumulate.
However IMO they had better hurry up because the Company is presenting at The Noose Mining Conference next week on the first day at 1.00 pm.
It is normal to expect news early in the week running into conferences, and Ark Mines does have a brilliant story to tell.
I am holding because I reckon it is potentially one of the best REE plays on the ASX, with simple mining of the sand and a sled based gravity concentrator >> 30% TREO.
Company also has first mover advantage in what they state as a new REE Provence, and has pegged more ground to the north.
Finally the sand also contains mineable grades of niobium - [Niobium is vital for enhanced Li Ion battery performance, greatly improving charging times, safety and life expectancy cycles]
This snip is from the recent presentation, expect more of the same next week.
And a snip from Google Earth showing the location of Sandy Mitchell which is on the Mitchell River, and south of The Palmer.
Access is via Chilagoe, which is west of Cairns.
AHK, $10 mill Cap. $3 mill cash.
GL all, These are only my personal views, not advice.
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AHK well under the radar, and I have the feeling some are quite...
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $9.980M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 18.0¢ | $29.57K | 150.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.170 |
1 | 10000 | 0.160 |
4 | 44233 | 0.150 |
1 | 30000 | 0.145 |
1 | 100000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 10000 | 1 |
0.205 | 300 | 1 |
0.210 | 300 | 1 |
0.235 | 36000 | 1 |
0.250 | 47548 | 1 |
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