Old holder here from early - mid 2005 onwards. Ran hard on Euro-vol. back then. Big multiples on the options were made and the few here that understood rare earths cashed in. 20X nearly, I think. At that time LYC were competitors. Nearly 20 years on, it's back to where it was SP was and LYC became the stunning winner. It's cheap, but mining this type of operation is fraught. May do well in the years ahead and it's cheapish for those who are new and have a MT outlook IMO.
The sentiment for Arafura is close to rock bottom, for this year.
NBB. I believe Rhinehart is of no concern. She cares little about the SP. More about ownership IMO.
General Discussion, page-2076
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