ARU 1.39% 17.8¢ arafura rare earths ltd

Who benefits from Low ARU SP? Directors or Equity, page-42

  1. 2,665 Posts.
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    Thanks to our Chair, CFO and CEO, here we go again with the shorting... up 3m shares the day after the shorters received 60m shares to help exit a large percentage of their position, enough to give them comfort to go again. They received them to stifle momentum. This is all a part of their own personal wealth creation plan - accidentally they will tell you. Peter will tell you NdPr prices are low... really? So is our cost of production being sub $30. So earn your keep Peter. Thats why we gave you 10m shares...

    I have this genuine dislike of management that use the excuse for their own benefit. That decisions were made to get equity stakeholders or funders involved. What BS! Good operators encourage equity participants, with fair outcome for all. So, when you are given a product to sell that has a market monopoly of sorts - ex-China supply. Then work the incoming equity interests.

    This project is a lone wolf, nothing on the planet is as close to construction or as advanced, and with ex-China supply at almost zero (any supply for POSCO and like that require ex-China) is almost zero. The excuse to devalue our project for their own benefit of acquiring more shares is not acceptable.

    https://hotcopper.com.au/data/attachments/6362/6362494-aa2cee0bd644affc9eaeb083f05adb34.jpg
 
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