3 rd quarterly report out, page-11

Hello guys, well sitting back in my son's magnificent Condo in Singapore, reading all the HC posts today on ARAFURA RESOURCES LIMITED, am able to take in all the statements and queries made in a sensible, honest and forthright/conservative, perhaps way, in regards to the future of this company and its shareholders.

Remember, Pirra96 and Kalmsg have been acquiring this stock for the past 2 years, based on honest, time devouring DYOR. Have always stated that this venture is for LONG TERM INVESTORS, who are prepared to make the $$$$$ investment, big or small and be prepared to wait until production 2009/2010.

The proof, that we are on the verge of becoming part of a NEW ERA in a resource called RARE EARTHS, is now known by a lot of wise investment communities, ie the German influence is only one of, and now shaping in the current Share Price. The market always values a company on what the market THINKS that COMPANY is WORTH.

We are still way undervalued, becuase so far the INSTITUTIONS, FUNDS and their respective managers probably are still viewing/checking the resource and what it MAY BE WORTH over the coming years. Kalmsgie and pirra both know that this company will one day be worth a FORTUNE, and its shareholder wealth will go up accordingly.

Pirra96 has every faith in the board and management, especially Alistair who is guiding the company as if he owned same. My accolades go to AS, and to those who put up all the arguments against our HC posts over the past 2 years, bad luck for not getting aboard when we were a 20/30c share. You get that.

Now, to the important matters, todays 3rd Quarterly report is exactly what it says, read it properly, slowly, then read it again. Go back over the EXHAUSTIVE DETAIL put in by Kalmsg, then decide, your decision may be the most important decision you have ever made. The message pirra gets is that we are in VERY good hands, and do we really need a JV at this point of time. No, perhaps we may at some stage, but the company has the funds, the KNOWHOW, and most importantly the products that will pay for most of the cost of bringing the resource to fruition, ie the By-PRODUCTS, as mentioned many times by various well informed posters on this thread.

Have said many many times, BE PATIENT GUYS, be VERY PATIENT, the REWARDS are going to be HUGE, very HUGE. Have just re-read a story on RARE EARTHS in CHINA, soon to be made available to the general public. This will open up the eyes of many people as to just what ARAFURA has IGV. We have not yet ascertained exactly what NOLANS BORE does have in the ground, but as TCG quips " there is no room for the dunny" ie, not known how deep the resource is as well as Nth Sth West and East. Will be holding my considerable ARU/ARUO portfolio till 2010 and possibly much much longer.

There is a lot more that Pirra96 would like to say, but as have always said...........................................

Time will tell. Always does