Ann: Quarterly Activities and Cashflow Report , page-2

Sounds very positive indeed.


"investigating the potential to introduce a strategic partner to assist it to develop the project."

"The Company is currently in discussions with a number of prospective investors and other funding sources; and in an environment where it is difficult to raise capital for resource developments in newly emerging products such as rare earth's, is also investigating the potential to introduce a strategic partner to assist it to develop the project."

"Subject to funding being available, Arafura intends to operate the demonstration plant in coming months in order to produce several tonnes of a mixed Rare Earth Carbonate intermediate product"