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ARR - American Rare Earths

There's clearly some information out there. Insto's don't pay 40% more than they have to, to buy a stock.
 
Probably some noteworthy comments made in their investor presentation announcement last Friday had something to do with it, maybe that bit about possessing the largest ASX-listed portfolio of strategic rare earth element assets in the US; moreover;
Halleck Creek Project (100% owned) potentially largest rare earths deposit in the US; triggered some keen interest. rcw1 did raise his eyebrows...

Not Holding.
Do trade.

Have a very nice night.

Kind regards
rcw1
 

Attachments

  • ARR Investor-Presentation.PDF
    5.8 MB · Views: 7
2024 Yearly Competition pick.

Poor 2023 performance could easily do the opposite this year.
inside out


.
and on 12/02

1. No. The Company is not aware of any information concerning it that has not been announced which, if known, might reasonably be regarded as an explanation for the most recent trading in the shares of the Company.
2. Not applicable.
3. The Company on 07 Feb 2024 released an announcement on an increase in the resource estimate at Halleck Creek which had increased to 2.34 billion tonnes at 3,166 ppm TREO. Also the increase in the share price and volumes traded in the US on 09 February 2024.
4. The Company is in compliance with Listing Rule 3.1
 
One may well expect that ARR will push beyond the 2022 highs. Then again, pump and dump?

 
CR under water

A$13.5m Placement to advance Halleck Creek Project
Highlights

• Firm commitments received via an institutional placement to raise gross proceeds of A$13.5 million at an issue price of A$0.30 per share
• Strong support received from existing shareholders and new institutional investors
• Placement provides significant runway for ARR to execute on project development milestones to advance Halleck Creek towards providing secure supply of critical minerals to the North American supply chain

 
@debtfree ARR yearly comp pick March

As DF mentioned above, the dreaded cap raise curse hit ARR after the recent stella rise.

I think it will resume its trend after a period of consolidation ie. Once the deep pockets finish removing the shares from the small players who bought too high on the way up.

The chart tells the story (Cap raise at 30 cents)

 
(Comp Stock thanks @debtfree)

Previous cap raise price was 30 cps

Current SP still around the 23 cps mark.

Snapshot below from last months presentation. SP down a further few cents since then.




Punters will be hoping the Low is in at 21 cents, and that large gap between 16 cps and 21 cps doesn't get revisited.

 
Yearly Comp pick

Still trading in the Channel .......

Recent drilling complete ... Assays awaited.




 
Similar to last months. Trading near the top of the short term channel.

Back above 33c will have a bit more potential.

 
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