ARU 3.03% 17.0¢ arafura rare earths ltd

Market cap for BRE is much lower, but that being said it doesn’t...

  1. 2,343 Posts.
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    Market cap for BRE is much lower, but that being said it doesn’t compare to ARU any way you look at this..BRE has just been announcing drilling results! That’s way way back.

    My goodness that’s a long painful road from back in those days… That means chemistry not even sorted, never mind proof of product, offtakers, economics of project to determine what stage processing, all the way down to FEED, finance and FID. They are ten years away, and another 3-4 capital raises to support some of the above processes. That’s not to mention the consideration of ARU being in a tier one mining location.

    Massive thank you for your workings and importantly for the share here for the public to discuss. Much appreciated, fantastic work SS!!
    Last edited by Birchcorp: Tuesday, 23:34
 
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