ARU 2.94% 17.5¢ arafura rare earths ltd

ARU Chart Thread, page-39

  1. 321 Posts.
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    Well said PM. I'm also a near 7 digit holder (peak 1.2mil) for the past 10yrs, and patience is needed as this will take-off quickly when the off-take and financing announcements are made.Expect a trading halt at that time as there will likely be Equity,SPP, options or rights announcements made at the same time. Alternatively I'm impressed by the thinking in this thread re: USA Rare Earths IPO and a tie-in with their metallurgical plant to process ARUs TREO. IMO a $4 SP highly unlikely (ever), ie a MC of 4.8bil+ UNLESS this mine is much much bigger than what the Geo has revealed, and they'll only know in 3-4 yrs time.IMO a MC around $1.2-1.5bil (based on 1.2bil shares) is more realistic as I expect NdPr pricing to stabilise/drop from 2025 onwards but be above $US60/kg.So with AISC of around $US25 that's a tidy revenue stream for 39+yrs that my future grandchildren will enjoy!! Current Issued shares+options+performance rights = 1.2 billions shares, expect equity dilution when it comes to Financing agreement (but hopefully at $0.25+ cost). IMHO I've finished buying and now saving up funds for the Equity raising that will be coming 2nd half CY21, I expect when OT/Finacing finalised, so as to give we longterm Shareholders the ability to participate in the company's good fortunes. I expect a non-renounceable rights issue at somewhere bw 0.25-0.40 depending on how quickly the SP takes off. I think within 4 yrs she'll hit $1.20 (MC prob $2.0-2.5bil) esp once the first shipments are happening. Apologies if this is longwinded.
    Food for thought DYOR.
    Thanks acouch I've learn't more about charting from your posts than from anywhere else.
 
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17.5¢
Change
0.005(2.94%)
Mkt cap ! $431.2M
Open High Low Value Volume
17.0¢ 17.5¢ 16.5¢ $751.9K 4.389M

Buyers (Bids)

No. Vol. Price($)
10 519867 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 3104135 19
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Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
ARU (ASX) Chart
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