$5 a share, page-13

Suntan,
I read your post and I looked at ARU and LYC today
LYC is the one that is in front of ALK and ARU, but to the expense of shareholders. Enormous dilution with a mkt cap of 2.6 bln dlrs. Looking at the capital raising they did it seems they think that 40/50 mln dlrs annual losses are acceptable for them. This company sends shivers down my spine.
I did read ARU's annual report today and apart from the usual bla bla bla I noticed the following sentence:
Design of a demonstration facility is underway. Should be completed early 2011. When you realize that this company with an expected minelife of 20 years is years behind ALK who had their demonstration plant ready years ago than I wonder why Alkane with a minelife of at least 100 years has a mkt cap of only 258 mln compared to ARU'S 470 mln.
We are only talking about the rare earth/Zirconium/ Niobium assets.