ARU 5.88% 16.0¢ arafura rare earths ltd

an island in a field of green, page-3

  1. 1,217 Posts.
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    Okay, enough of the positive talk!!
    Not getting ANYWHERE.

    Lets state the negatives, and see the effect:
    Well, . . . . . .
    ~ Oh yea, 2 years till production of any of the potentials;
    ~ Infrastructure cost - i mean it might REALLY blow-out. One excavator may not be enough?
    ~ BhP still need to prove up Nickel find (they don't go for anything with potential);
    ~ Jervois - well, may be proving up resource of ... what's that rare product again? Still MONTHS away from proving it up anyway. Oh yea, need to find a better mgr of this resource?
    ~ Apart from other areas of holding / potential, there's still Nolans. Still need to prove up more than $11 b i l l i o n worth of resource, before we can get really serious. I mean, fancy only having one project with 20 year minimum life, bringing in $12b ! Other projects NEED to be proven up before this $118m company value can start moving, really!

    Any way, Fortesque and other far off miners, are far better buy, even when they are priced in the billions, without any income yet (same as pdn at the time).
    Sounds like enough negatives for the moment?

    Cheers :)
 
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