Anyone know about Arafura Resources (ARU). It was also a market darling before the RE crash in 2012.
Comparison to LYC:
Resource & Reserve: LYC 1million Reserve, 14.9MT @8.8; ARU [email protected]
Unit cost: LYC US$ 10.07/KG ARU US$6.27/KG
ARU has ultra competitive operating costs US$6.23/kg TREO – lowest amongst peers (https://hotcopper.com.au/threads/an...tation.3402579/?post_id=24457920#.WbX6Zsig_Ng).
This is a previous discussion posted in 2012,just for your reference
https://hotcopper.com.au/threads/an...798244/page-201?post_id=10658171#.WbX0HMig_Ng
A new Lynas is emerging (ARU)
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