ARU 2.63% 18.5¢ arafura rare earths ltd

chart and where from here

  1. 4,532 Posts.
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    To my very untrained eye the chart looks a bit slugish at the moment
    http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=AU:%20ARU

    Was very suprised by the lack of reaction from the quarterly report of a significant increase in the Nolans resource on friday all be it not confirmed yet.

    Also looks like it'll be a while before Kurinelli makes an impact with another round of soil sampling in september before a drilling campain, by the time those samples are done and results in we'll be near the wet season I would guess??

    What I would be looking for next is the confirmation of the Nolans drilling results and resource increase within the next 4-6 weeks and then some form of scoping study/BFS on Nolans before year end, does anyone else see it that way?
 
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