ARU 2.86% 18.0¢ arafura rare earths ltd

rights issue may be cancelled, page-28

  1. 294 Posts.

    I guess you now have to agree a cancellation of RI was going to happen. They had no option.

    Now watch the Chinese try and do a JV.

    Don't expect the price to move far either way until more certainty of future but still will be looking to top up if price < 45c.
    Huge deposit and value just sitting there in the ground.
    Undervalued now for those with a LT view.


 
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