ARU 0.00% 20.0¢ arafura rare earths ltd

oil vs ree timing

  1. 1,217 Posts.
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    Think it's great at present to see the oil (us) rate drop below $90.
    For a while there ~ not so long ago, the consumption of oil was going to put too much pressure on supply / pricing, to the extent that many zones round the globe would struggle economically and with respect to oil supply and price.

    Aru and lyc not quite geared up for the stampede to hybrid and other ree uses.
    We have a repreive ~ for the present.
    World still has an oil supply concern - at the prices we've been used to. Shale oil prob way of the future, but expensive to extract.

    So, ree demand still on track for after financial turmoil, and aru closer to setting up for mining / processing.
    All imo ~ please dyor.

    Cheers :)
 
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