ARU 3.85% 12.5¢ arafura rare earths ltd

Ann: Quarterly Activities Report and Appendix 5B, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,597 Posts.
    lightbulb Created with Sketch. 121
    Thanks @Poohbear 

    The DFS numbers, which should be out in the next 10 days, should give us some more numbers to digest. It should also give some reassurance to those looking at offtake agreements and encourage them to sign up to get things moving. 

    I think you are a little conservative with the stock price, with a strong DFS, which significantly derisks the project, I would have thought a market cap of $60m was not unreasonable, which would be around the 8 cent mark. Then it would increase from there as the project was further derisked with milestones through the year!
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $381.9M
Open High Low Value Volume
12.5¢ 13.0¢ 12.5¢ $364.4K 2.865M

Buyers (Bids)

No. Vol. Price($)
92 3938185 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 951283 16
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.