ARU 0.00% 16.0¢ arafura rare earths ltd

market says nup worth about 64 or 65 c each, page-2

  1. 355 Posts.
    Roleyman,

    If you take a couple of recent IPO's as a comparison.......NTU and XST then I believe that NUP should list somewhere around 80c - $1

    Both the above IPO's listed at .20c, and both now are flying ($1.20, .60c)................all within a 3 month time-frame...................so as NUP has imo 1) better prospects, 2) ongoing drilling at the flagship tenement and 3) as LAM has gone up considerably since Lagoon Creek drilling started ...then I have to believe it (NUP ) is worth more than either.

    If it does list at a significant premium to 70c then at current ARU price , ARU holders are way ahead
 
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