ARU 0.00% 19.5¢ arafura rare earths ltd

Ann: Arafura Launches A$20m placement and A$10m SPP, page-85

  1. 456 Posts.
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    I see ARU as a short term gamble at these levels and likely a take over at this price point. It's a solid buy @17c for me, I hope to make 20% and move on or expect a take over offer and make a bit more than 20% but have no opinion on a price there. I'm on the American ARR train when it comes to the REE sector. I see ARU, MEI and eventually Lynas as crumbs but attractive crumbs at certain price points. Any REE hopeful specifically in NdPr and Scandium can't hold a candle to AMERICAN RARE EARTHS IMO.
 
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