ARU 3.70% 13.0¢ arafura rare earths ltd

Yes, and given it’s sponsored, it’s from ARU. So with that in...

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    Yes, and given it’s sponsored, it’s from ARU.

    So with that in mind, today they again write $750m in equity.

    This is one of the key questions I have asked - with this value jumping way in excess of the DFS, and funny how the this statement about the DFS turns up in the paper…just like the footnote.

    It went from around this value of $750m, to 4 weeks ago being $1.2B, and yesterday back to in their sponsored article again at $750m.

    @chokdee and a few others feel we should just let this slide, it’s a way big business operate. Don’t worry they say, you may get done for slander… for goodness sake, who will explain how we were about to lose $550million dollars and be diluted for the same. And if it is true, when was the report complete to increase by such a large amount. Every quarterly, we heard advanced engineering plans offset inflation costs.

    1. I am awaiting a genuine response. Either way, I don’t feel $550million extra of equity raised and dilution should just slide…

    2. Why give 120million shares to shorters, who is responsible?

    Just two of circa 45 questions I asked.

    More bizarrely, why am I doing their math.


    Last edited by Birchcorp: 08/09/24
 
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