ARU 0.00% 13.0¢ arafura rare earths ltd

.666 now in frankfurt

  1. 3,851 Posts.
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    = $A1.05 and still dropping on 1.68mio volume.

    The PFS is worse than useless due to its confidence level being so broad, pricing assumptions very bullish for a PFS and overall very poorly presented. This has caused a loss of investor confidence.

    Big picture: REE prices will have to rise more than expected otherwise there will be even bigger shortages in the future as the stuff will stay in the ground.

    The uranium; can that be extracted cheaply don't forget there are +9mio lbs there which makes today's ARU MC of $140mio approx look not too bad even forgetting the REE etc.



 
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