ARU 1.35% 18.8¢ arafura rare earths ltd

= $A1.05 and still dropping on 1.68mio volume.The PFS is worse...

  1. 3,851 Posts.
    lightbulb Created with Sketch. 68
    = $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.



 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
18.8¢
Change
0.003(1.35%)
Mkt cap ! $433.1M
Open High Low Value Volume
19.0¢ 19.0¢ 18.8¢ $225.0K 1.185M

Buyers (Bids)

No. Vol. Price($)
61 1602874 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 413279 42
View Market Depth
Last trade - 13.26pm 17/07/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.