ARU 3.03% 16.0¢ arafura rare earths ltd

Looking strong, page-165

  1. 6,162 Posts.
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    debt will be $750m sorry, $250m equity raise 75:25 split, so EV $1.75BN in production is fair. They could even get it to 90:10 split as the market keeps going up. LYC has about double the production and trades at $4BN now(but rising every week). ours is better as no malaysian red tape - the plant and the downstream is located in australia, so should be less risky overall.

    $1bn equity value, its only $233m mkt cap now- 1168m share count. this is atleast a double from here, if the dilution is less we can get more returns.
    Last edited by cobrakai1984: 14/01/21
 
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