ARU 2.78% 18.5¢ arafura rare earths ltd

The ore body is already JORC compliant, open at depth & with an...

  1. 2,085 Posts.
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    The ore body is already JORC compliant, open at depth & with an already established 38 year mine life with what there is already, I'm sure spending more $$$ on more drilling and extending mine life to 50, 60 ..... 100 years isn't the companies direct priority at the moment when they are more focused on all the bits to get financing and FID in the bag with early construction work.

    More drilling and mine life expansion will come when the production facilities are purring away, cash is building up and dividends are being sent out to all holders.
 
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