ARU 5.88% 16.0¢ arafura rare earths ltd

Ann: Quarterly Activities Report and Appendix 5B, page-3

  1. 2,336 Posts.
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    This all looks great to me, and if time guidance has not change, which no mention of change!

    Then shorters would begin to Sh*t themselves!!!

    66M was in the bank, that’s a massive amount of cash available.

    I still cannot understand the credit raise….

    maybe a mistake, or maybe they use some of this cash to engage a share buy back…

    if on schedule, why wouldn’t they engage in a share buy back with excess cash?

    Logical and clever idea to me?? Imagine if they used this cash to support the buy side! That’s massive pressure and supports the funding.

    let’s ask at the meeting today, what they will do with the funds from the capital raise should contractual close be in March/april??

    That will place a sky rocket into the pockets of shorters!!
    Last edited by Birchcorp: 25/01/24
 
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