ARU 3.13% 16.5¢ arafura rare earths ltd

Certainly the board was skinny hence my comment just prior to...

  1. 6,197 Posts.
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    Certainly the board was skinny hence my comment just prior to the announcement (2 whom had left in past 15 months that would not offer anything to the credentials of the 2 new appointees) and at this near term commencement of major construction phase. These positions did not appear overnight and the securing of these persons takes considerable time - of course it two tiered in that it is tied to the Aus Gov 800+ million debt facility and further international debt facility closure -and management acted at a pivotal time of construction phase.
    Goodness me if they did it 12 months ago some shareholders would be moaning re top heavy - but they have done it at the perfect time for perfect reasons without HP appointee thus far.
 
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