ARU 1.35% 18.8¢ arafura rare earths ltd

Here's where ARU is at, page-51

  1. 5,390 Posts.
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    I rarely come on the ARU site.
    I have held ARU since August 2011 at an entry cost of .74 cents per share.

    I have dollar averaged down, so i have tried to keep my breakeven low as i could without
    throwing in the house.

    All you posters posting here, i have never heard of you, all green, trading on fingers crossed and a prayer.
    The two exceptions are "Spendthrift and Ausheds, all the other posters must have moved on.

    ARU need to borrow massive amounts of money to have the mine and plant up and running.
    AJM only borrowed $250 million (there abouts), and are now in liquidation.

    There are more, but that is only to point out that of the whole journey from explorer to producer
    the borrowing part (the loans) is the most dangerous, puts a company deep in debt which can kill any producing project.

    Costs seem to outstrip production figures (AJM/WLF).
 
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18.8¢
Change
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Mkt cap ! $438.9M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $211.0K 1.134M

Buyers (Bids)

No. Vol. Price($)
14 208030 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 1491317 38
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Last trade - 11.50am 22/07/2024 (20 minute delay) ?
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