Guten tag
Agree with the 3 reasons.
The WES offer for LYC and the crystallizing of the offtake agreements will put ARU in good stead to secure funding. This will be the catalyst.
The good news is timing. Its all happening this year. It will be a lot different story this time next year, whereas the last few years have got ARU here they've not yielded anything for the SP, which is good for me as I've been waiting for the opportune buying time.
The NPV will be a huge factor to financiers as will sovereign risk. For ARU these are both excellent.
The business of rare earths is the mining of the future vs the past such as coal. So from two perspectives this is good, a) Its where demand will be (just look at the mandates happening all over the world dictating electric cars), and b) personally I feel good investing in such resources that are positive for the future.
One more thing, ARU has one extra demand dimension going for it other than Nd market price, and that is providing a supply outside China.
Guten tag Agree with the 3 reasons.The WES offer for LYC and the...
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $789.0K | 4.138M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 1361737 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1292734 | 13 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
19.3¢ |
Change
0.000 ( 1.16 %) |
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| Open | High | Low | Volume | ||
| 19.3¢ | 19.5¢ | 19.0¢ | 2385098 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| ARU (ASX) Chart |