ARU 3.85% 13.5¢ arafura rare earths ltd

great read, page-8

  1. 2,413 Posts.
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    Great find Adrianrig, goodonya mate, glad to see that you and a number of long termers still hold Arafura Resources Limited. There has been many ups and downs with the sp since that conservative PFS, put the company in a downward tailspin. BUT my guess is that many of us were in for the LONG HAUL anyway, regardless of ASX, investment and subprime, problems.

    Please remember that, although figures like 500k tpa through to 800k tpa have been thrown about, these were based on known reserves, As TCG put it very early on, there is NO ROOM FOR THE DUNNY. Funny how correct he was, because we are now looking at the proverbial UPSIDE, there is no definite end to the resource, west/east, north/south or down, all over the Aileron lease.

    Pirra's tip is that the resource could easily double, making Nolan's Bore the best RARE EARTHS deposit in the world. This along with the price of P205 surging, the prices of REE's will always keep going upwards at a great run of knots, becaues now we have the ufortunate dilemma the Chinese find them selves in, and URANIUM is about to make all investors scramble for good U stocks.

    AND my other tip is that governments, NT, SA and the FED will seriously look at assisting this company in many ways. The rail from Darwin to Adelaide being just one of the options now available. Bring on production, 2010 would be nice, but am happy with the current program.

    Time will tell. Always does
 
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