arafura - ree - phos - au - uranium, page-25

Hi PDN boy

I am a sandgroper too.

Congratulations on having the foresight to hold PDN for so long. I am slightly perplexed when you state that I have mentioned PDN in that way - they unfortunately have been long gone for me.

IMHO, ARU is another PDN....not on the same scale perhaps, but close to it. Having been a previous ARU holder, you will also know the significance of REE due to its' environmental/technological ramifications and ever increasing marketplace. LAM is the wildcard.

ARU's timetable is now pivotal. Both the upgrade of Nolans and the results of ANSTO will be more than a significant milestone for the company. Having the escrows and raising out of the way also paves the way for a dramatic increase in the SP.

The Speculator of the Bulletin has also raised his ugly head and put an obvious floor under the current SP.

I suggest that ARU/O will be much higher in 05/06.

Tempus fugit and luck to you.