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."
Haven't seen one of these since January. A good...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $332.6M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $581.2K | 4.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 2028092 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 438456 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |