Ann: Nolans Review Delivers Major Improvements-ARU.AX, page-6

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pirra96

2,413 Posts.

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29/06/16

08:18

Post #: 18147001
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Originally posted by spendthrift ↑

Looks to me like ARU is emerging from the shadows with big improvements and it's high time that "Arafura is allowing the resource to guide the process" by producing a phos acid product. I prefer that readily tradeable co product to ALK's hafnium and NTU's lutetium any day of the week!
99% of the rare earth wannabes from 2010 have now fallen off the cliff or "discovered" other allegedly commercial elements in their projects. LYC is in production but doing it tough (fingers crossed it all works out OK), and very few others remain. You can forget the many tens of companies that have mothballed their projects. On the other hand ARU is steadily improving its position - lower CAPEX, MUCH lower OPEX, government approvals in progress, and superior NdPr to everyone else . Contrast that with NTU in the jaws of the hungry New York funding crocodile, PEK at the mercy of the Tanzanian "Fair Competition Commission" (whatever that means) and GGG stuck in the EU's anti-uranium quagmire.
I'm very comfortable with my investment in ARU, and hope you are too.

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What a great post spendthrift, have held ARU for many years, they really owe me zilch as did very well when RARE EARTHS were all the go, and at less than 5 cents what a great stock to put in the bottom draw. Only problem with Pirra is my age, right side of 80 but guess my grandchildren will do really well, but

Time will Tell. Always does

ARU Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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