ARU 0.00% 15.5¢ arafura rare earths ltd

Yep, HY Report released 16/02, 24 pages long and not adding...

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    Yep, HY Report released 16/02, 24 pages long and not adding anything over what we already knew from all the announcements around the Placements, etc. Procuring long lead items, earthworks contracts, etc Ongoing ADVANCED talks with OffTakers, Lead Arrangers still doing their bit for funding....... fingers crossed all these positive news announcements happen as indicated. I'm expecting OT signed with GE before 20th March, then good news with funding basically arranged/near enough signed off to enable FID before Easter.
    Definitely SP getting into Buy territory again, and if Wall St holds up overnight we should have a SP bounce tomorrow as 60c supports.
    Feb has seen NdPr oxide price drop (Ex China incl 13%VAT) drop about 9% ($US107 to $98). That may be assisting GE in getting a better OT price, and part of reason for the delay in signing. THe LYC and HAS issues can only be a positive for ARU.
    Would love to see a "Change in substantial holder" Notice from HP/GR, even if it was a 0.5% increase (10mil shares) in holdings would spur the SP to new highs.
    TH would be the perfect scenario, with OT announcement. Funding even more so. Still looking for $1 to lighten my (too big) a holding (would prefer it in FY24 for CGT reasons)
    Next month is 11.5yrs holding, so forever hopeful.

    DYOR, GLTA(patient)H, "Build it they will come for more"
 
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