I’m unaware of an updated NPV . I understand it’s based on an old DFS, but it’s not only the NdPr pricing that has changed. Cost have gone up substantially across the board. Note I’ve only mentioned it as a target price. There’s to much speculation to get into more detail at this point. My largest worry for ARU is the ongoing lack of investors that will be available in the future. Good thing we have the govt behind this one. As for total outcome on share price we could very well balloon to 4-5b+ with acquisitions and further development of onshore processing. The sky’s the limit. But for now until we get to full scale production I’m being very reserved. There’s still a lot that could go wrong.
ARU Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
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