ARU 0.00% 19.5¢ arafura rare earths ltd

shareprice , page-21

  1. 2,413 Posts.
    lightbulb Created with Sketch. 7
    Agree Damian10, the main factor would be people/investors a little held back because of funding required for Nolans Bore concentration, and the Whyalla separation plants. Rather a large amount of bucks, BUT imho they will cross all the coming hurdles when the BFS is put out to shareholders in the next 6 months.

    PATIENCE, has always been required with long term Arafura Resources holders, nothing has changed. The end result in say 2013/2014 will be HUGE, and returns to holders quite remarkable in todays trending upsurge in the REE market.

    So, at todays price sub $1.40, remains a great bargain. Please DYOR, do same very well and then make your decisions. Pirra's for aru and against some others is

    ARU have the resource and will be producing in just over 2 years, only 360m shares, will increase, depending on the financial requirements for CAPEX. Have great management and board.

    LYC have near 2 billion shares, producing in Malaysia later this year. Board and management do not care for ordinary shareholders, imho.

    NTU have a resource based on ROCK CHIP samples ??????

    The sp of the latter two have gone ballistic, have no doubts we will follow, but the conservative nature of the ARU camp keeps a lid on their case atm.

    Even a glance at alk, and some of the other not so good REE companies tells me that Arafura Resources will indeed be the best company for Captial gains as well as future DIVIDENDS.

    Time will tell. Always does
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.