Haven't seen one of these since January. A good read:
http://www.arafuraresources.com.au/images/media/files/broker-reports/RCR_report_on_ARU_3Q13.pdf
Particularly like the following:
"ARU has a very supportive major Chinese shareholder (East China Mineral Exploration and Development Bureau - ECE) that has already injected A$33m. ECE is playing an active role in project development by introducing Chinese expertise in
REO processing technology, a key element in ARU’s opex and capex reduction strategies."
and
"Confirmation of targeted capex reductions and sound project economics, success in the negotiations with potential project partners and a perception that REO prices may have bottomed would rapidly turn around the share price malaise – all quite possible in the next 6 months."
rc research report
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $245.7K | 1.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 333293 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 877689 | 15 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ARU (ASX) Chart |