ARU 3.03% 16.0¢ arafura rare earths ltd

Obj, thanks for that! I meant 1 as that was approx where LYC...

  1. 2,266 Posts.
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    Obj, thanks for that! I meant 1 as that was approx where LYC priced their REE. As for the other assumptions eg price escalation, capex, chemicals it all gets too complex for me. I just wanted to see where pricing the REE at about $8000 as LYC had done got the NPV and it appears to be around a quarter of what the ASX announcement said but round about where the market cap was before the announcement.

    Now considering that ARU are processing in Aust whereas LYC is off shore but LYC's deposits are relatively clean maybe the before announcement prices of both were about correct.

    Still I agree the PF was very badly constructed and handled.
 
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