ARU 2.94% 17.5¢ arafura rare earths ltd

re: rare earths since I'm talking to myself, I may as well...

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    re: rare earths since I'm talking to myself, I may as well continue

    226k tones = 226000000 (226 mill kg rare earth oxide)

    @ $4.00 kg (being conservative)

    = $904 million of RE at nolans bore

    divide by 100 million shares (allowing for more capital raising)

    = $9 per share on Rare earths alone - not counting Phosphate, Gold or Uranium

    Geeze if I'm right makes even CMR look like small potatoes :)
 
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