ARU 0.00% 19.5¢ arafura rare earths ltd

MMartinThats all fine & dandy if you have a process plant built...

  1. 354 Posts.
    MMartin

    Thats all fine & dandy if you have a process plant built & producing the stuff, whats the good of having the stuff in the ground & no money or plant to refine it?

    ARU are a long long way away from being producers...bottom draw...come back in 7 to 10 years...when we have a process plant built.

    I work as an expat on a Nickel project & we are just finishing off commissioning / ramp up whereby we have produced nickel but plant has had numerous issues & needs to be run up to a certain level of capacity...100% capacity is still a way off...to get this far has taken 7 years of construction etc..so i think its fair to say 7 years as a minimum if we were to begin contruction TODAY, if processing REE's is anything similar to nickel???....someone else maybe able to confirm this as I've no idea....but reading between the lines & hearing money numbers thrown about it won't be cheap
    So bottom draw this one gang.....one for the grand kids
    IMHO
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
0.000(0.00%)
Mkt cap ! $450.5M
Open High Low Value Volume
19.5¢ 20.0¢ 19.0¢ $534.1K 2.745M

Buyers (Bids)

No. Vol. Price($)
24 631081 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 91095 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.