ARU 0.00% 16.0¢ arafura rare earths ltd

Ann: Capital Injection update , page-52

  1. 608 Posts.
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    huabamen,

    I am as well a holder auf BAU. The huge difference is imho the cash burn rate.

    I am still very optimistic about BAU (in spite of having the chinese on board there as well), but ARU will fail eventually because they don´t proceed with their project. They are not able to raise enough money neither for the FS nor the plant. More dilution will come. Aru still seems to be to expensive now. I don´t see anything positive for ARU atm.

    Maybe the Chinese will buy Australia. I am under that impression.

    GLTA

    Five
 
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