Most people following this have probably totally written it off and if they own it are feeling the fear and pain, this is how bottoms are formed, All belief has been erased and conviction has plummeted with it, Watch how this snaps back to become a producer on a global scale, China has the monopoly on Rare Earths they're 30 years ahead in all areas of it and...
Political/community tensions have taken center stage here and the uncertainty is very high if this mine will ever reach a state of production/be allowed to extract it's resources, The opportunity here is huge really as this could end up being a global producer at scale of Rare Earths.
Macro long on Rare Earths play expecting big numbers.
Bit of a run post their AGM on Friday. Through a resistance area it might need to retest, but could be worth a watch over the next few days.
With U warming up entry and GGG being on the support line hitting a triple bottom , this is a low risk entry, looks like the seller was also taken out with the massive cross trade couple of days ago. I think it will be a big turnaround once EOFY selling is done .