Nothing is guaranteed; time is ticking. Hell, time has been ticking for nearly 20 years. This 10-15-year timeline you speak of is pure fantasy in 2024. Offtakes will be off the table if the supply can be sourced reliably/cheaper/sooner elsewhere. What does that mean for ARU? Do they become a lawsuit paper listing? The fact is, Nolans will never begin operations and forget supplying offtake agreements. Nobody is forecasting $130kg. Only ARU is because they must; otherwise, there is no business model... I hope I'm wrong and that prices rise, but I'm not going to delusionally speculate with fantasy numbers like ARUs management/BOD. (The fact is at $16c ARU is $7.5c overpriced IMO). Time will tell either way. Short-term, I expect the SP to trade sidewards and then drift up (two months), after which she slides down throughout the rest of the year, IMO.
- Forums
- ASX - By Stock
- ARU
- Arafura Rare Earths Ltd
Arafura Rare Earths Ltd, page-788
-
- There are more pages in this discussion • 113 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARU (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $415.8M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.0¢ | $163.3K | 889.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 466057 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 515520 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 466057 | 0.180 |
29 | 915829 | 0.175 |
49 | 1446442 | 0.170 |
26 | 1632462 | 0.165 |
54 | 1751633 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 515520 | 12 |
0.190 | 854148 | 24 |
0.195 | 1020329 | 23 |
0.200 | 1369812 | 36 |
0.205 | 579249 | 15 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online