ARU 3.57% 13.5¢ arafura rare earths ltd

like to see this test 80 cents, page-6

  1. 803 Posts.
    80c would be a nice healthy resistance level to be tested for a while before moving up again. Steady as she goes otherwise the bum might fall out of it. Noticed that LYC has just broken out of an ascending triangle today and may bolt again. Looks like the market is slowly waking up to the potential of Rare Earths.

    There seems to be much emphasis on the NuPower story here on HC, but don't forget that ARU are demerging their uranium assets and not their Rare Earth assets, so in my view the Rare Earth story will be the big one in future to be involved in. Also ARU share holders will still own a 10% stake in NuPower, post demerger notwithstanding their direct stake in Nupower itself.
 
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51 2028092 13.5¢
 

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14.0¢ 438456 5
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