ARU 2.50% 19.5¢ arafura rare earths ltd

arafura revalution

  1. 1,217 Posts.
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    Based on the quarterly report issued today:

    Maintaining the current 18.6 m t resource (with further results due in few weeks!):

    Rare earth was 3.1% 577,000 t. Value @ $15 = $8.6 bil
    New report @ 6.0% = 1,116,000 t. Value @ $15 = $16.7 bil.

    Phosphoric Acid was (14%) Value @ $2,000t = $4.2 bil.
    New report @ 25% = 4.65 m/t. Value @ $2k = $9.3 bil.

    So 'rough calcs' says wev'e gone from $12.8 bil in-ground resource, up to $26.0 bil i.g.r.

    Not bad for a co with cap value at present of $117 mil +/-!!!

    Have i miss read, or can someone else do the homework and advise / confirm?

    Here goes.....

    Cheers :)
 
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