All the activity regarding rare earth in Australia is promising, but ARR being in the US has so much more potential to succeed as the market takes off .Being in Arizona Wyoming and Nevada puts this company in an exceptional position. These States are the most mining friendly jurisdictions with Government ready to assist in development activities.The overall market depth in US dwarfs the ASX with well versed investors ready to participate without prevarication if the resource is proved. The markets act not just drifts like here. This is a vibrant culture of which most exploration companies can only dream of , I am excited to be a shareholder at this moment in the US IMO.
https://www.abc.net.au/news/2022-03-16/government-funds-critical-minerals-end-china-reliance/100912002
US rare earth market potential
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Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $152.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 31.5¢ | 28.5¢ | $882.2K | 2.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 33935 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 53437 | 2 |
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| Last trade - 14.47pm 03/07/2024 (20 minute delay) ? |
| ARR (ASX) Chart |