ARU 6.06% 17.5¢ arafura rare earths ltd

NPV for Nolan’s puts a cap at around 1.4b. With around 1.5b...

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    NPV for Nolan’s puts a cap at around 1.4b. With around 1.5b shares on the table it comes in around $1 a share based on I’m assuming feasibility studies from 2019. NPV discount mines at early stage development and increase valuations as they get closer to productivity and eventually taper off closer to life of mine. A price target of $1 is quite reasonable I think for the time being.
 
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