ARU 3.57% 13.5¢ arafura rare earths ltd

Ann: A$40 Million Share Placement with Strong Support, page-112

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  1. 910 Posts.
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    ECE Nolans will be diluted to 7.1% if raisings max out.

    A very welcome consequence and continues China's diminishing influence on ARU's fortunes. Couple that with Australia's growing involvement via $300 million of debt, and I can see this going only one way.
 
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