ARU 0.00% 14.0¢ arafura rare earths ltd

meanwhile:Arafura share prices...

  1. 64 Posts.
    meanwhile:

    Arafura share prices decrease

    http://www.whyallanewsonline.com.au/news/local/news/general/arafura-share-prices-decrease/2212397.aspx

    KATE BILNEY
    30 Jun, 2011

    Arafura Resources? shares experienced a decrease following the announcement of the delay of its Whyalla development.
    However, Arafura Resources is confident that it will receive support from shareholders in the future as it draws closer to the completion of the Nolans Bore Project.

    Arafura Resources general manager operations Neil Graham said while Arafura could not speculate on the future of individual shareholders, the company believed extra confidence from shareholders would be instilled by the further commitment to the project.

    ?Arafura can not speculate on the direction of our individual share price or the market as a whole,? Mr Graham said.

    ?However, by expanding the Bankable Feasibility Study (BFS) and enhancing the economic fundamentals of the project, we will maximise the benefit to our shareholders and future investors."
    ...
 
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