ARU
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2.86% 17.0¢ arafura rare earths ltd

Ann: Board Changes , page-9

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  1. shimmer
    14,954 Posts.
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    17/02/12
    12:30
    Post #: 9709533
    feel sorry for you guys holding on in hope, geogeorge helps explains what the problem is with Nolans.

    Nolans Bore (aru) is that the deposit consists of fluroapatite veins. This is completely different geologically and metallurgically to what Ngulla (PEAK resources)is.
    Fluroapatite like monazite or zircon requires "cracking" to extract rare earths (costly, complex) We just need to leach the stuff with acid.
    We could sell concentrate and let someone else worry about separation of individual REEs.
    ARU Price at posting: 30.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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