ARU 3.03% 16.0¢ arafura rare earths ltd

just the beginning

  1. 1,217 Posts.
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    Heya all,

    So we have some interest ~ great!
    Facts i believe haven't gelled yet with many:

    Assuming values reported to date provide reasonably accurate income, expenditure, and gross profit values, this co has some $268 million g.p. on NOLANS alone, at current rates!
    Folks, Company cap of $2,680 M (is $2.68 Billion) ~ makes this return @ 10%.
    $268 m with a 7% return on cap value, makes cap @ $3.8 B.
    Aru @ $3.8 B ~ may be only few years away!

    Now a quick calc on shares on issue ~ what, some 145m?
    Imo : value summary anywhere from $18.48c to $26.40c per share!
    We still have some way to go! Even with cap. raising via share issue, loans, e.t.c., should see this co up from $10 p/s.

    Then, we START looking at other projects ~ Hammer Hill, Jervois, and Gold projects!
    'Say no more'

    We still have some ground to cover before i feel 'comfortable' with 'take-over' whisper, or sale of shares. IMO. Please check my calcs ~ and prove otherwise?
 
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