ARU 0.00% 16.0¢ arafura rare earths ltd

US targets China rare earth magnets for possible tariffs, page-19

  1. 19,584 Posts.
    lightbulb Created with Sketch. 4970
    Too funny, very Pythonesque:

    "All done , except final financing and someone outside of China to produce magnets"

    Kinda like the Cheese shop, with no cheese, utterly ridiculous - "All done", but no money, no customers, after a decade.

    Every other RE company has raised considerable funds/equity on this price cycle, except ARU, real NdPr pricing back down ~$65kg ex VAT, vs ARU's fantasy $87kg, so fairly safe to say the opportunity is passed, and ARU has missed the boat.
 
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