ARU 2.86% 18.0¢ arafura rare earths ltd

Planning to mine 4440 MIIILLIIIION tons of PrNd pa - Yep we're...

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  1. 6,411 Posts.
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    Planning to mine 4440 MIIILLIIIION tons of PrNd pa - Yep we're excited falling knife but geeeeez.

    For 2 months whilst on "leave" it was obvious the ECE director would depart and many knew (I posted such 10 days after change of substantial notice ann). What we didn't know until this new ann is how much ECE stock remained if any - excellent - now we know what the big end know - however more importantly - for our final off take deal and financiers we see confirmation in this announcement.
    What a combination - imminent ann of the above - can it coincide with PrNd prices trending up - minor drop on Friday however nearly 10% up for the month. Surely the Insto's have their fill by now - screwed this far lower than they would have anticipated and the Lassonde Curve will see the large spiral upwards with SP in remainder of 2023.
 
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