Ann: Completion of Rare Earth Separation Pilot Plant, page-20

Yes i have seen your tag around the traps.
Like REs and uranium resources.

I like your positive outlook on the financials, but my thinking is that ARU need to build
two plants and the mine, which is really big dollars.
(AJM borrowed less than two hundred million dollars, are now struggling to paying it back, while they are producing and selling
all that they can supply).
So unless ARU have a BHP or RIO (maybe FMG better still CBA), as a off take partner, it looks grim from ware i'm standing.

Spendthrift, i hope you're right and i'm wrong.