ARU 0.00% 20.0¢ arafura rare earths ltd

Ann: Trading Halt, page-113

  1. 1,648 Posts.
    lightbulb Created with Sketch. 1293
    I am a long term investor - In no way downplaying this great news I do note ARU is still a long way from the mid 60s SP just 12 months ago.

    I appreciate they have a plant to build and further offtake all in a current uncertain world economic environment, a market dominated by the Chinese and other projects in Australia and overseas being worked.

    The SP did rise but given the huge financial commitment by the Govt I had hoped it might have gone up a bit more even though there is a long way to go yet.

    The management of ARU are to be congratulated for getting the Government across the line but many more hurdles need to be overcome yet before ARU sells its first product
  2. 219 Posts.
    lightbulb Created with Sketch. 34
    Your credibility is shot with that ignorant statement.
 
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