ARU 2.78% 17.5¢ arafura rare earths ltd

over promise under deliver

  1. 1 Posts.
    These latest results seem to be par for the course for ARU.

    Very disappointing to see this happen again, especially as there are much more promising rare earth projects out there.

    There is another Australian rare earth miner who has not missed a milestone since taking over their project in 2007. They have the worlds largest REE deposit in southern Greenland (which will no doubt be even larger in the coming months). Their metallurgical team has hit every goal they have set, and are continually improving costs/recovery. The Greenlandic government is heading into elections, and the BMP has been continually softening their stance on uranium mining, opening the gates for additional studies and work programs.

    As far as risk vs reward goes, I wouldnt be looking at any other REE miners in the short to midterm..

    IMHO DYOR
 
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