ARU 0.00% 17.5¢ arafura rare earths ltd

Ann: Nolans Project Update, page-41

  1. 140 Posts.
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    Yep Capex is $1.3 billion but with a 38 year mine life with annual after tax earnings of nearly $600 million (at current prices), aus government and two of the world's biggest car manufacturers onboard and a deposit that is large and open at depth the chances of this thing going ahead are very good. Exciting times.
 
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