ARU 3.85% 12.5¢ arafura rare earths ltd

Ann: Nolans Project Definitive Feasibility Study, page-16

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  1. 2,597 Posts.
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    I don't think it will pop without an offtake agreement @pooh bear, but I think it will grind higher to around the 6 cent mark over the next 3 months (short term) and over the next 12 months all things going well, it will build back up to 10 cents.

    There is a really good base here at the 5 cent levels, it has backtested the SPP price twice now, the compelling DFS has been published and there is a calendar of good news expected in 2019. 

    Given its recent poor performance, it will be like a big ship and take a while for the share price to turn around, but once the weekly starts trending back up, I see a big year ahead. 

 
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