ARU 2.86% 18.0¢ arafura rare earths ltd

Ann: Arafura launches A$20m placement and A$7m SPP, page-75

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  1. 201 Posts.
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    Morning Crazy, I'm struggling to understand how you think this CR compares to the last one. Outside of the obvious that they were both to raise a similar amount at the same price. The completion of the debt facility is a significant advancement for me. As is the recruitment of Principal and Senior and Process Engineers. Personally, I feel ARU has been highly active over the last 6 months.

    Even if this is fully/over subscribed, the dilution is next to nothing. Sentiment may drive the SP down but I still feel we're in a good position to push this forward with "Certainty not speed"
    Last edited by JVP73: 25/07/24
 
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