Lenni,Now that people have had time to act on brokers rec. etc,...

Lenni,

Now that people have had time to act on brokers rec. etc, can you elaborate more on what this tip sheet said?

They mustn't really have much of a feel for international REE talk around the place lately, when FT and WSJ are running regular articles about REE demand and supply concerns, then it really is on the main stream media, and more than being discussed on forums ad nauseum for the last 2-3 years+.

They must really of ramped up the discount factor on the last bit of project to go from €5, to a sell around €0.5. How can a bit of a delay, justify a 90% change in valuation?

On something different, and thinking about having ECE as a strategic partner...I reckon that there is a good possibility that with ECE's industrial knowledge and support there is scope for significant fast-tracking of some aspects of this project.

For just one example, just simple things like procurement of plant. ECE would have great contacts in this area, preferred customer status etc. it really has to help ARU get access to doors, that wouldn't normally be open to a wee Australian Resource co.

There's lots of other things like this that with the support of ECE behind ARU a fair chunk of time could be caught up.

Possibly, also help with financing via some equity-debt capital structure that hopefully isn't too dilutive for longer term holders.

Of course worrying about things like equipment procurement would be a nice problem to have.

choice