ARU 0.00% 12.5¢ arafura rare earths ltd

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

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  1. 2,597 Posts.
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    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!
 
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