ARU 0.00% 19.0¢ arafura rare earths ltd

I've been watching from the sidelines for awhile and will jump...

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    I've been watching from the sidelines for awhile and will jump in when NdPr Oxide prices recover.

    IMO they will likely slow play the project with the hopes of a recovery in prices. Their DFS was based on the following prices:
    https://hotcopper.com.au/data/attachments/5904/5904000-2151849f473e6af16c25a36488d66eff.jpg

    vs. the current pricing:

    https://hotcopper.com.au/data/attachments/5904/5904007-51441b637fba15d48ea642bd4cbe220b.jpg

    Just look at all the lithium and nickel mines currently being put on care and maintenance mode due to low pricing. I believe the project will get off the ground but a recovery in prices is required first
 
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