ARU 2.50% 19.5¢ arafura rare earths ltd

Ann: Date of Quarterly Report and Briefing, page-12

  1. 1,314 Posts.
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    All these positions are as if they are a large cap mining company in production. This isn't just a cart before the horse, this is the Helen of Troy cart.

    I would like the info on these 15+ positions, or where you got the information.

    Anyone want to wager with me - my money is on they are mostly 'working' from home or at restaurants and coffee shops. There can't be much to do in the office.

    So much $ being spent all year for what? These salaries don't come cheap. It's like our money went to their head, and they blew it all away. Who was being prudent and careful with this spending?

    I want a lean Arafura while they aren't generating income and haven't secured FID.

    Who on earth allowed this to happen? For this massive screw up, there needs to be a change.

    This is gross incompetence, surely negligence, and/or a rort.
    The way they have been complacently handling this was only going to go one way (down) and I'm sure the shorters and Instis could see the train wreck coming.
    The cost to shareholders of this debacle is in excess of $100M (maybe hundreds of millions).
    This comes out of all of our share price, that's how this works.
 
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