ARU 0.00% 13.0¢ arafura rare earths ltd

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  1. 2,413 Posts.
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    Hi maps, stand corrected, yes did mean " foreign country " not company, plant is in Malaysia, so a foreign country gets the benefits.

    And, realize that investors do not care how, where etc a company produces as they interested in profits from shares etc only. The Australian benefit Is of no concern to many investors.

    Hold a few lyc as an investment, but my firm belief as am from the old school, is that Australia needs to Value Add instead of sending everything overseas, then buying back the finished product. Main reason why we are going nowhere, everything we do costs way tooooooo much IMHO.

    Your every day Mums and Dads are really struggling to make ends meet, but your right, investors do not CARE.

    Back to ARU, will say again, they doing the right thing for Australia, producing the end product at Whyalla in South Australia. Bring on Production, earlier the better for all concerned. Good luck to all holders, and the best for 2011.

    Time will tell. Always does.
 
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