Dilution of shares - Letter, page-53

"The rest will not want to see a loss so many will sell at 12c"
- This makes no sense.

If anything, once the selling at 12.5c or higher is finished (those looking for a quick buck from the CR) the shareprice will appreciate again back to intrinsically valued levels.

So I expect we'll see 15c again by next Friday.

And if Gavin hurries up and stops being conservative with his promoting, an offtake announcement(s) solidifes ARU as the bonafide next Lynas and a true rerate occur quickly (would have to be 30c-40c short term based on market cap, project NPV, risk, and time to produce).

(If AR3 who have nothing but a nice name can double overnight to a $50M MC company then ARU can get to $700M MC / 55c share price it deserves - still a 50% discount to mine NPV).