Arafura Rare Earths Ltd, page-950

Biggest giveaway for me is the recent hiring of senior roles in the business.

These people aren’t getting paid to stare at a desk, especially on what would be a fairly high salary. It’s pretty obvious things are cooking in the background.

The fact that this has remained stable around the 18-20c range (not including the small dip we had to 16.5c last month) tells me, for the most part people are holding onto their shares.

Along with the back to back financing announced in early July, these people wouldn’t throw in hundreds of millions to back a dead horse.

Just a matter of time really. I reckon their forecast of H2 is looking spot on.