I’ve seen a lot of downrampers over the ladt 9 months. I get that Arafura have taken a looooong time to get where they are today. DFS and possible OT and funding less than 6 months away. At this stage of events wouldn’t you think its a good time buy? Nolans bore is a large resource with a long mine life. What’s other people’s thoughts on the chance of this going ahead? I’m pretty bullish - i mean are they really just going to walk away from it after all this effort and not develop??? From memory a chinese buy out at 22c was offered back in 2011/12 - this wasn’t allowed due to obvious Chinese monopoly on the RE market. Is Arafura the ugly duckling of the Australian mining industry?
I’ve seen a lot of downrampers over the ladt 9 months. I get...
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