ARU 0.00% 14.0¢ arafura rare earths ltd

Thanks for pointing this out. It's what I've been mentioning the...

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  1. 1,221 Posts.
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    Thanks for pointing this out. It's what I've been mentioning the last 2 days. All reports released same day with CR being 24hrs later.

    Q4 Report: "I am immensely proud of the Arafura team. We are building an incredible can-do culture, and we remain laser focused on reaching FID by the end of this year"

    There's 5 months until the end of the year, plus December is Christmas/Holiday season etc.

    Debt funding presentation: Funding strategy - "6 month+ process with extensive due diligence"

    CR Report: "The Capital Raising is expected to support advancement of the Company’s funding initiatives and provides a sufficient cash runway through to mid-2025 to allow the Company to focus on finalising its strategic equity funding and offtake initiatives required for FID

    Clearly there's a potential of a delay, otherwise they wouldn't have 2025 and FID in the same dot point.

    There's nothing wrong with pointing out inconsistencies. Unless I'm missing something?

    Cheers!
    Last edited by Sharesdude: 26/07/24
 
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