Arafura Mining: ARU

**Packersoldkidney** · 17-02-2005, 06:20 PM

Bought into these the other day - for obvious reasons. Low cap, not many shares on issue. A good diversified play, but it is the 'hot' element that makes it very interesting. Located 40 k's from a Canadian mob's uranium source, and about 3 or 400 k's from Summit's.

I suggest those interested check out the ASX announcement of January 13 - there are obvious tie ins for Summit and Laramide with this company.

Check it out.

**Packersoldkidney** · 17-02-2005, 06:47 PM

Apologies for not posting on it earlier - but I was asked not to due to reasons I can't go into. (!)

**Geoff7** · 19-02-2005, 04:13 AM

Hi, I jumped into these also.
They are doing the lap of honour to drum up some interest (see link)

http://www.aspectfinancial.com.au/do...ZWxheWVkLmpzcA

Have a look at the options chart, they have performed- reasonably well!
I would think the 'hot' element would be more generation of interest than being commercial(?).
Nolans Bore for REE and Phosphate looks very good, refer:
http://www.arafuraresources.com.au/C...2022112004.pdf

**Cooper** · 19-02-2005, 10:27 AM

http://www.wallstreetreporter.com/li...RESOURCES.html

Slow but informative.

**Geoff7** · 22-02-2005, 02:27 AM

Thanks for the link, i did it via dial up yesterday.
Got broadband today.
It is interesting, I am wondering today "why did I not by more?"
I will check it out this week and post any notes.
Cheers and thanks.

**Geoff7** · 24-02-2005, 08:21 PM

Nice small meeting in Melb.
Phosphate products will be processed by others.
The income from this should cover most of the set up costs for Rare Earths.
Any extra cash needed for Nolans Bore will be borrowed (no extra shares for holders).
An agreement is hoped for around March on Phosphates.
The real action here should hot up in 2006.
Now I am a newby so dont take my word, check it out yourself (I dont need the stress).
I was mainly impressed with the fact that they were realistic (even when pushed gently) that all mines were not going to be operational in 5 minutes (thats what we want isnt it).
Revenues from REE should be around $75m (?).
These are decent people, not car salesmen.
again:
I am a newby so dont take my word, check it out yourself (I dont need the stress).

cheers.

**Geoff7** · 30-03-2005, 11:31 PM

A few cheap options hanging for anyone.
The buggers took 25% off me today, I was travelling good ($600 AUD only).

**Geoff7** · 17-05-2005, 12:46 AM

This has been plodding along but seems to have found solid ground.
Check depth on buy side for ARU and ARUO, buyers coming in now.
Arafura have been popping up all over the place, more publicity than most $10m companies should get.
We are due some news here shortly.
Ones to watch out for are
Kurinelli exploration, this is good quality ground that will excite things.
Lagoon Creek, this has the potential to really blow the top of in one short burst, potential suitors like Laramide will be watching this closely.
Nolans Bore is a good solid base and it is good to see that they have not lost sight of the fact even though it may not be so glamorous. Check AMEC and AGES presentations for some numbers that will shake this one.

All IMHO.
Cheers.