ARU

2.94%

16.5¢ arafura rare earths ltd

Re: slow and steady wins the race, page-127

First 127 Last

Share
Profile

Follow
The Whale1

2,756 Posts.

274

25/10/22

10:05

Post #: 64375876
Share

Originally posted by srood: ↑

Only time will tell but keep in mind the original DFS was set at a much lower NDPR than at present. Build will obviously run higher but offset by the firmer NDPR prices and over run facilities. It's a balancing act but one in which the solid demand/macro and profitability over many decades of a massive resource that will see this to production.

At days end its mine to metal, not many of these in development let alone in production outside China. There's value in that aspect alone. Most of the current projects being developed have product that's going to have to deal with/in China far earlier in the process in order to get ot to metal. Sovereign risk (selling/milling to/in China) and less profitable than our mine to metal.

That aside, am glad we have Societ General and Nab as MLAs to close this out. The project is robust at an NDPR much lower than today's rate. Our offtake partners would also be well aware of the games that China play with commodity prices. That's the issue of a dominant player they up and drill down to squeeze out competition. Unfortunately China has done this one too many times, they are no longer a feasible, long term trading partner to the likes of Sth Korea, US etc.

With Taiwan as a constant backdrop and Russia as a lesson learnt for the west....well it's not always just the dollar at play. Think the Semi conductors saga?!

Am confident they'll close the deal come FID.

Expand

I dont disagree that they will get there eventually. I still hold.

But i don't expect a huge increase in the project economics and I am 99.9% sure they wont hit FID this year.

ARU Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

GRX

GreenX picks up prospective copper project in Germany

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

WGX

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

There are more pages in this discussion • 70 more messages in this thread...

First 127 Last

Add ARU (ASX) to my watchlist

(20min delay)
Last 16.5¢		Change -0.005(2.94%)		Mkt cap ! $395.8M

Open	High	Low	Value	Volume
17.0¢	17.0¢	16.0¢	$1.063M	6.400M

Buyers (Bids)

No.	Vol.	Price($)
1	24995	16.5¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	448096	11

View Market Depth

No.	Vol.	Price($)
1	24995	0.165
90	3833041	0.160
49	3703332	0.155
61	3809827	0.150
23	1341287	0.145

Price($)	Vol.	No.
0.170	423096	9
0.175	839340	14
0.180	1897536	25
0.185	1030485	18
0.190	1152921	20

Last trade - 16.10pm 02/08/2024 (20 minute delay)

ARU (ASX) Chart

Re: slow and steady wins the race, page-127

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Re: slow and steady wins the race, page-127

Top Stories

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News