ARU 3.13% 16.5¢ arafura rare earths ltd

"Where are all the dreamers - 'patience will be rewarded',...

  1. 263 Posts.
    "Where are all the dreamers - 'patience will be rewarded', 'start of production 2013' etc. etc. "

    We are all out looking hard at our portfolios figuring out if/how we can acquire more at these levels.

    There is no denying that this delay which will impact production start up is disappointing. That said there are positives to come from it as pointed out already by other posters.

    If you believe the message from management that the current RE shortage is no bubble then what is an extra 12 months to wait for the returns this offers? Even at much much lower prices the potential EPS from ARU are huge. There is still the project financing gauntlet to run but as stated earlier the current shares on issue are minimal compared to other players such as LYC/Moly.

    Short term - yes, this sucks but long term if anything things have improved. I still prefer the methodical approach of ARU management to the bravado of many juniors.
    I dont see any cause for a witch hunt here.

    Now let the disgruntled bashing begin...
 
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