ARU 0.00% 19.0¢ arafura rare earths ltd

lynas v arafura, page-38

  1. 1,217 Posts.
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    Hi Pirra,

    Was / is there any news on the surrounding portions to the Nolans resource?
    Thought some time ago, drilling or preliminary investigation was under-way, further in the range, to guage the likelyhood of further resource potential in 'them there hills or plains'?

    Thought it MAY have been mentioned at the meeting?
    It's one thing for our o/seas friends to fund Jervois, but we may only need half those funds to 'prove-up' far more potential around Nolans, imo, with possibly far more long term income stream. Add to the fact that the distance poses a problem for the Jervois resource, and material rates will need to rise to make the investment pay; vs Nolans capital and transport investment have already been factored in, and further resource will have a far lower capital cost requirement, in the profitability wash-up.

    Have you been to the site at all?
    Think kalmsg has stated he's been there - assume the camera shots some time ago posted on h.c., were from him (and I think they were for Jervois?).

    Still keen for the opprtunity to check for myself, at some stage. Aru holding is one of my greatest, and keen to ensure both the potential + possible future increase in this holding (particularly with possibly more rights on offer down the track). Be worth the investment, i'd assume.

    Cheers :)
 
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