ARU 0.00% 15.5¢ arafura rare earths ltd

Damian10Sorry, I was referring to the days run!Lyc are in early...

  1. 179 Posts.
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    Damian10

    Sorry, I was referring to the days run!

    Lyc are in early production, Aru will only catch up with a if or two.
    E.G:
    No problem with capex.
    REO prices stay high.
    Start production within 2yrs without to many hiccups, as lyc will be making a motsa whilst aru ramp up.
    Build resource, find more high grade ore.
    bla bla.
    If every thing turns out the way Id like it to Aru could have a double $ digit s/p within??
    Wether we surpass lyc's price in the near future doesn't worry me at all, I beleave in the long term aru will be more appealing, less risk processing concentrate in Australia.
    Only time will tell!!

    As for TODAY, it should be good as O/S ree's had another rally.
 
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