ARU 2.94% 17.5¢ arafura rare earths ltd

Ann: Trading Halt, page-194

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  1. 288 Posts.
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    The daily volume coming through on AR3 far greater than before it's rise from 25c. Looks like it launched via IPO about a year ago and it's heading back to it's IPO price. To make sense of it's rapid rise it certainly is an interesting deposit with more valuable Dysprosium/Terbium to boot. Not all ionic clay rare earths are equal and apparently they've done research and found the REs to be relatively easy to extract via acid leaching.

    However, they are obviously way behind where ARU are at in development. News such as AR3 and Aussie RE potential brings the focus squarely back to advanced projects and should be welcomed.
 
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