ARU 0.00% 13.0¢ arafura rare earths ltd

Ann: Board Appointments and Changes , page-2

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  1. 5,802 Posts.
    lightbulb Created with Sketch. 97
    Looks like they're shuffling the deck chairs on the Titanic...

    They need to bring in some NEW deck chairs.

    They need directors who will push things into fast forward, to get things up and running much sooner than they are currently doing. ARU are simply going to miss the boat, with all the foot-dragging and delays. They are so far behind that it is way beyond a joke.

    By the time they get into production - if they ever do - the prices of REEs will have dropped way below where they are now, as Lynas, Molycorp and others will be satisfying the demand that is currently keeping the prices up (yes, I know they've settled back already).

    I have held ARU for years, but they have become the most disappointing share in my long-term portfolio, and I am now really starting to doubt the long term promise that I had for so long.... I am THIS close to jumping ship...

    And announcements like today's don't help.

 
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