ARU Chart Thread, page-186

Emotive nonsense, basic DD would identify the individual I'm referencing but I'm most definitely not naming names for very obvious reasons.

Substantially invested in RE, I'd be negligent NOT to have a handle on other prospects, identified two others worth investment IMO, clearly no one on this forum capable of making a business case for ARU.

Seems little has changed from 2007 PFS:

Net Present Value – post tax A$ 1,100 million

• Rare Earths production ramps up to 20,000 tpa rates from 2011 to 2013

• Operating life of 20 years

• Discount rate of 10%, tax rate of 30%, Exchange rate AUD 1 = USD 0.90

Capital Cost A$ 750 million (2007 dollars)

• Includes $120m of contingency and $180m of first fill working capital (total $300m)

• Escalation rates of 10% per annum on all capital costs are budgeted Revenue A$ 410 million per annum (2007 dollars)

Can't see any customers back then either, really would have thought they could find at least some other than Chinese in all that time.