Read below if you have doubts about this stock. Amazing this is at 0.175 !!
RCR Broker Report,25 Jan 2013
ARU’s Nolans Rare Earths Project has taken another significant step towards commercialisation with the recent conversion of resources to reserves underpinning a minimum 22 year project life. With a solid cash position the company is now pushing ahead with the Feasibility Study and advancing discussions with potential project partners. The recent IER indicated a preferred value of A$0.32/share. Our analysis indicates a likely valuation in the range A$0.60 to A$1.00/share if ARU brings in a project partner along with a debt finance component (50%) to reduce its equity raising requirement to manageable proportions.
Full report here:
http://www.arafuraresources.com.au/images/media/files/broker-reports/RCR_Report_25_1_13.pdf
rcr broker report
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $338.8M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $215.0K | 1.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25539 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 354529 | 4 |
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| Last trade - 15.59pm 11/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |