ARU 0.00% 16.5¢ arafura rare earths ltd

ARU FID?

  1. 2 Posts.
    Hi guys, questions to the floor from a novice: It seems to me that ARU have sufficient funds secured now...
    What are the barriers or events that need to occur until FID?
    Why would they not have announced with their last German funding announcement?

    Also, Im of the view that I will hold this share until they're at least selling some ore in X years....
    The major price events of that period I would envisage to be 1) the FID 2) Construction completion 3) First revenue
    While being completely speculative does anyone have any predictions/calculations in regards to price at these events ?
    Ive had a look and envisage 1=$0.4 2=$0.8-1.2 and 3=$1.5-3

    Ive come to those 'conclusions' (guesses) looking at Lynas price events, and doing some cursory calcs. Feel free to criticise
 
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