The placement to US investors and LYC issues also referred to here: https://unauthorised investment advice/resources/heres-one-rare-earths-explorer-that-could-be-in-for-a-strong-2019/
ARU's market cap reflects commercial risk. Management has done a good job in mitigating other risks: technical/startup (via piloting), environmental (state and fed approvals). As you say, DFS delivery will help with the major challenge of funding the project. Let's see where the next few months take us!
The placement to US investors and LYC issues also referred to...
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $224.6K | 1.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 118 | 4858680 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 909299 | 31 |
View Market Depth
| Last trade - 13.56pm 25/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |
