ARU 2.94% 17.5¢ arafura rare earths ltd

Ann: Commonwealth Government supports Nolans with US$533m package, page-93

  1. 458 Posts.
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    That's subjective, to say the least, and is entirely dependent on Arafura's offtakes coming into play. A rather reductionist black-or-white numbers mindset, when the reality is more grey when fundamentally Nolans is only profitable at $130,000t USD. The capital still needed to secure those funds will require an immense CR causing further dilution, opportunistic for Gina to swoop in for the taking @ $1.5-1.8 billion. Unfortunately, time is not on Aafura's side unless SP can hit 30c next week and stay at or above for a minimum of 20 trading days. But I won't expect a reply after our last interaction where I dropped an A-bomb on your magical on-the-nose BS meter. rolleyes.png@tradeprofits
    Last edited by TheAlpha1: 17/03/24
 
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