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General Information

Arafura Resources Limited
ARU
http://www.arultd.com
Diversified Metals & Mining
22
441

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.05 $0.05 $0.05 $0.05 $0.05 125188 $0.00 ( 2.04% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Arafura Resources NL (ARU) is a mineral exploration company focusing on rare earths. ARU’s flagship project is the Nolans Rare Earths Project, located in the Northern Territory.
Strategy Analysis
Arafura has an exploration and development program to grow its position in rare earth projects that are consistent with additional growth beyond the Nolans Project. The Company will focus on the identification and development of rare earth projects and specialise in rare earths products and their markets. Arafura's primary focus is the development of its Nolans rare earths-phosphate-uranium project. The deposit has a resource to sustain a mine life of over 20 years and Arafura has developed a processing flowsheet that optimises the extraction of rare earths, phosphoric acid, and uranium. Arafura Resources reported negative cash flow of $15.09m for quarter ended 30 September 2011. Operating cash flow for the period was $(15.04m). Payments for exploration and evaluation were $(9.91m). Investing cash flow was $(53,000). Financing cash flow was nil. Cash in hand at the end of the quarter was $55.06m. During the quarter, the Company's activities remain fully focused on delivering the 100% owned Nolans Rare Earths Project. All Bankable Feasibility Study work streams are in progress.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -6.9 -1.6 0.0% 0.0 0.0 0.0% 0.0%
2013 A -11.8 -2.8 0.0% 0.0 0.0 0.0% 0.0%
2012 A -8.7 -2.3 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Arafura Resources (ARU) $22M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
BHP Billiton (BHP) $81,159M 0.1223 -0.2273 -0.4808 10.4309 13.4989 25.9979 4.61% 6.61% 6.63%
Iluka Resources (ILU) $3,132M -0.5350 0.9551 1.1105 52.4544 26.8293 12.7124 2.54% 3.87% 5.11%
Rio Tinto (RIO) $21,719M -0.1938 -0.4645 0.2210 8.2710 15.4449 12.6498 5.12% 5.58% 5.68%
South32 (S32) $9,450M 0.0000 0.0000 -0.0797 0.0000 10.1024 10.9771 0.00% 0.00% 4.54%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.16 0.00
Market 0.89 16.00 1.33 1.30
Sector 0.68 11.60 0.66 0.31

Directors

Name Position Start Date
Mr Ian John Kowalick Non-Executive Chairman 19/12/2002
Mr Chris Tonkin Non-Executive Director 14/12/2010
Mr Terrence (Terry) Grose Non-Executive Director 21/01/2013
Mr Cungen Ding Non-Executive Director 03/03/2015

Management

Name Position
Gavin John Lockyer CFO & Company Secretary
Peter Sherrington Chief Financial Officer,Company Secretary
Brian Flower General manager of Northern territory and Sustainability
Neil Graham General manager of operations and Technology
Richard Brescianini General manager of Strategic Development and exploration

Substantial Shareholders

Holding Name
109,699,833 (24.86%) ECE Nolans Inv Co PL
101,073,802 (22.91%) JP Morgan Nominees Australia Limited

Calendar of Events

Date Event
25 July 2016 Report (Quarterly)
28 April 2016 Report (Quarterly)
29 January 2016 Report (Quarterly)
29 October 2015 Report (Quarterly)
16 September 2015 Report (Annual)
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