ARU 2.63% 18.5¢ arafura rare earths ltd

what a plan

  1. 7,085 Posts.
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    Geez holders must be smilling....
    Finally some real figures and time frame.. $120m revenue.
    PE of 5 (hey I am conservative) gives market cap of $600m, not counting gold etc...
    These figures are more than conservative (U308 @ US$30lb etc)
    Time frame is fantastic, we now have things to watch for, it is not unreasonable to hope that demand for mining equipment will be sorted out by then so things may happen easier. It is also reasonable for someone to throw some pennies in to make things happen quicker...

    What a ripper set of announcements...

    Has anyone got a tone of Europium lying around.... US$350,000/tonne
 
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