ARU 5.41% 19.5¢ arafura rare earths ltd

Hi Kalmsg,Thanks for the words of wisdom. My main beef is that...

  1. 5,078 Posts.
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    Hi Kalmsg,
    Thanks for the words of wisdom. My main beef is that after reading the announcements over the past 12 months, you get the impression that ARU has progressed a lot further than is actually the case.The BFS and financing are still over a year away.Secondly , their announcements are very poor, say very little, and mostly repeat much of previous announcements.Occasionally they are forced to issue clarifications.They seemed to dress up the Krupp announcement as an offtake agreement, when it realy sounds more like appointing Krupp as the German agent, but it is hard to tell because there is precious little detail, and of course its only a non-binding letter of intent. Thats why the market didnt react positively.
    I might hang on a while longer but to be honest I have found better prospects out in the market that will move upwards a lot sooner.
 
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