ARU 0.00% 17.0¢ arafura rare earths ltd

Price Preidiction, page-143

  1. 321 Posts.
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    Coming up to Chinese NY period with significant shut downs in production, not to mention Beijing Winter Olympics and thus stockpiling occurring now, pushing price up. Will be interesting to see prices in early March, that will give a true picture of this years likely price range for NdPr oxide (ex VAT), which is the most appropriate commodity price for ARU. The formula for comparison is NdPr yuan price ton /1000kg x 0.1576 x 0.885(exVAT)=$US/kg NdPr oxide (out of China, excl shipping).
    One week delayed pricing available at https://www.metal.com/Rare-Earth-Oxides/201102250162
    902,500 yuan/tonne - $US125.90 / kg as of Jan 14th.
    Disclosure: Have significant buy order at 0.205 but also sell order much higher up.Thanks@gleniris3146 for the targets.
 
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