ARU 2.94% 16.5¢ arafura rare earths ltd

.666 now in frankfurt

  1. 3,851 Posts.
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    = $A1.05 and still dropping on 1.68mio volume.

    The PFS is worse than useless due to its confidence level being so broad, pricing assumptions very bullish for a PFS and overall very poorly presented. This has caused a loss of investor confidence.

    Big picture: REE prices will have to rise more than expected otherwise there will be even bigger shortages in the future as the stuff will stay in the ground.

    The uranium; can that be extracted cheaply don't forget there are +9mio lbs there which makes today's ARU MC of $140mio approx look not too bad even forgetting the REE etc.



 
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Last
16.5¢
Change
-0.005(2.94%)
Mkt cap ! $395.8M
Open High Low Value Volume
17.0¢ 17.0¢ 16.0¢ $1.063M 6.400M

Buyers (Bids)

No. Vol. Price($)
1 24995 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 448096 11
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Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
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