ARU 0.00% 14.0¢ arafura rare earths ltd

what value arus uranium

  1. 277 Posts.

    With all the talk about who will be Australia's next U3 producer, ARU is getting a little forgotten. If they're planning to produce by 2010, and U3 is an important by-product, they're well placed to be one of the nearest term producers. Who knows what the price of U3 could be in 2010 as well.

    Anyone know what kind of volume they are looking at as a by product? Considering PNN are only looking at 40% of 800 tonnes it shows they wont need a lot to get the markets excitement. Wonder how much a boost the U3 would give to their REE equivalent grade also.

 
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