Lower ndpr oxide prices, combined with higher interest rates, and no futher offtake agreements, and waiting for futher government support, has put Aru in a difficult position to move forward. Effectively we are on hold.
In the last quarterly report we had $75M in cash. I want to see the next quarterly to see how much cash is left and how long it is predicted to last.
Arafura Rare Earths Ltd, page-5
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Mkt cap ! $381.9M | |||
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