Ann: Arafura launches A$20m placement and A$7m SPP, page-103

I can feel you… I am in the stock since 2007 (2006 actually but only really few) and can’t remember the number of CR‘s.

soo much time passed, I still remember when actually the biggest shareholder base was in Germany not even in Australia, so I am funding the various management since 1,5 decades and now am not even eligible of participating in CR‘s since some years as foreigner.

yes we are closer than ever to the FID, that’s a true statement - I read it somewhere in the recent debt funding announcement or so.

let’s see if the market admires this and eats up the discount very quickly or if we face another couple of month working our way up there to (wow - a staggering) 19 cents.

dilution is one thing - execution is the other one.

no delay in funding and FID no more.

is it this last hurdle we have to take on the road?
what comes after FID? I’ll guess Arafura can prove than that they made the best out of the long preparation time and erect this project in lightspeed.