re: Ann: Quarterly Activities and Cash Flow R... Man I used to follow ARU religiously...as on a daily basis. BT, you are quite correct in your assessment of these reports. They just change the date and a few details.
You guys remember the initial production was scheduled for 2010 from memory. Don’t blame the credit markets and all that bullshit, look at what LYC has done during the same time.
ARU management always said that they wouldn’t give the farm away in terms of partnering with anyone too early. I don’t think they had a choice.
Having said that, this may be a decent investment after the capital raising is completed. Remember LYC was below 10c in their darkest days and as high as $2.70 when the REE's were trading at $200 per kg....And LYC had billions of shares on issue. Not saying ARU will get there, not at all, but 50c to $1 could be on the cards if the can manage the capital raising without destroying the company.
Good luck
re: Ann: Quarterly Activities and Cash Flow R... Man I used to...
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