Ok thanks and does anyone know how they likely will fund it ?
I see they have about 1b in loans secured. Will they get more loans ? Capital raise ? Or could they secure funds from offtsje partners to be paid back in product ?
I’m trying to get a feel for how much this is going to be diluted by the time they are producing. I noticed Arafura already has quite a large number of shares issued compared to lynas or mountain pass for etc.
dilution is my main concern at the moment.
cheers.
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arafura rare earths ltd
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Ann: Quarterly Activities Report and Appendix 5B, page-50
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Price($) | Vol. | No. |
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