ARU 2.94% 17.5¢ arafura rare earths ltd

Arufura - history looks worrying

  1. 3 Posts.
    Anyone know the history of this company? Bought in based on some positive reviews but somewhat concerned about how any progress seems to always be in the horizon with this company.

    ”do not advertise external links/companies/news/74217/eleven-rare-earth-companies-to-watch-including-molycorp-lynas-greenland-minerals-avalon-arafura-and-more-9051.html

    “Arafura's priorities in the short to medium term are to complete the bankable feasibility study, to finalise the processing technology, to continue the drilling programme to increase the resource base/reduce risk, to gain the necessary approvals and to seek appropriate financing and marketing arrangements. Construction is scheduled to begin in 2012 with production beginning in the second half of 2013.”

    what’s their excuse? has anything changed? Feel rather nervous about the legitimacy of this biz
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $404.3M
Open High Low Value Volume
17.5¢ 18.0¢ 17.0¢ $448.1K 2.553M

Buyers (Bids)

No. Vol. Price($)
38 1184696 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 291154 32
View Market Depth
Last trade - 14.23pm 29/07/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.