Australian Rare Earths

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Old 05-16-2023, 07:35 AM
Sparty Sparty is offline
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Default Bard's list of the ASX listed companies that have REEs

Company Resources : Market Cap (AUD)
Lynas Rare Earths (ASX: LYC) 10.7 million tonnes $1.9 billion
Iluka Resources (ASX: ILU) 1.2 million tonnes $1.3 billion
Australian Strategic Materials (ASX: ASM) 1.1 million tonnes $330 million
Arafura Resources (ASX: ARU) 400,000 tonnes $1.1 billion
Greenland Minerals (ASX: GGG) 100,000 tonnes $220 million
VML (ASX: VML) 100,000 tonnes $150 million
Vital Metals (ASX: VML) 50,000 tonnes $100 million
Hastings Technology Metals (ASX: HAS) 50,000 tonnes $70 million
Red Mountain Mining (ASX: RMX) 20,000 tonnes $50 million
Northern Minerals (ASX: NTU) 10,000 tonnes $30 million

It is important to note that these resources are estimates and may not be accurate. Investors should carefully research any company before investing in its stock.

Personally I don't think at the moment that Google's Bard gives reliable information and is wildly inaccurate at times and I find it disconcerting that I can ask BARD the same question and get totally different answers

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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Old 05-18-2023, 02:54 AM
Sparty Sparty is offline
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Default I asked Bard the following questions

18/05/2023

Question
In terms of Bard's list of the top 10 ASX rare earth miners by resources:market cap as of May 18, 2023 which company has the cheapest rare earths?

Bard's answer:
Australian Strategic Materials (ASX: ASM) has the cheapest rare earths in terms of market capitalization. The company has a market capitalization of $195.127 million and a resource size of 1.1 million tonnes of rare earth oxides. This gives the company a resources:market cap ratio of 17.743. This means that ASM's rare earths are priced at $17.743 per tonne.

It is important to note that this is just one factor to consider when evaluating the value of a rare earth mining company. Other factors, such as the quality of the resource, the location of the project, and the company's financial position, should also be considered.

Second Question:
Which Australian ASX listed rare earths company has the best heavy to light resource ratio?

Bard's Answer:
The Australian ASX listed rare earths company with the best heavy to light resource ratio is Australian Strategic Materials (ASX: ASM). The company has a ratio of 1.5:1, which means that there are 1.5 times as many heavy rare earths (those with atomic numbers 63-71) as light rare earths (those with atomic numbers 57-62). This is a relatively high ratio, and it is one of the reasons why the Dubbo project is considered to be a valuable resource.

The heavy rare earths are more valuable than the light rare earths because they are used in a wider range of applications. For example, heavy rare earths are used in magnets, which are essential for a variety of technologies, including electric vehicles and wind turbines. The light rare earths are used in a narrower range of applications, such as catalysts and glass.

The high ratio of heavy to light rare earths at the Dubbo project makes it a valuable resource for the production of magnets. This is a growing market, as the demand for electric vehicles and wind turbines increases. The Dubbo project could help to meet this growing demand, and it could also help to reduce Australia's reliance on imported rare earths.

For a historical viewpoint visit https://www.australianrareearths.com/

AS you can see Bard's answer is not reliable

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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