ARU 2.63% 18.5¢ arafura rare earths ltd

2010 valuation, page-4

  1. 7,087 Posts.
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    I would be tipping a pretty small (and tight) register.

    - Income from Iron ($1-1.5m pa).
    - Sale of Mt Porter would add $8m+ to kitty (?).
    - Sale of Uranium from Nolans could fund the plant entirely!
    - JV Partner on Nolans could fund the larger part (entire?) of plant also...

    We need to remember that we are one of the very few with a JORC resource of uranium which is very valuable now (and probably economic in its own right).

    We are in a very very privileged position imho.
 
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