ARU 1.52% 16.3¢ arafura rare earths ltd

price next week?, page-15

  1. 4,545 Posts.
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    re: price next week? - fridge Re LYC fridge, from my limited research, cople of things.

    Firstly and the biggest is they are shipping the ore to china for processing and separation, so my understanging is they're trucking ore from Mt Weld to Albany WA and then on a ship to china for processing. Seems like a few risks in that scenario to me ie, relying on china, fuel costs re shipping and trucking...

    Second the Uranium and Phosphate at Nolans means those by products pay for the opex (operating expenditure) of the project, so the REE is free (nice way to look at it eh?

    Also ARU's other plays are significant and concur with pirra's comments that's what makes the difference between good and great. All IMO.
 
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