ARU arafura rare earths ltd

Ann: Quarterly Activities Report and Appendix 5B, page-39

  1. 925 Posts.
    lightbulb Created with Sketch. 406
    Development costs:

    This Q: $6.7m
    Previous Q: $10.6m
    TICK, but still way too high considering bringing the equity package together remains the "sole focus". Does travel, lawyers and corporate advisory fees cost $2.2m ...... a month?!

    Staff costs:

    This Q: $1.5m
    Previous Q: $1.3m
    NO BIG DEAL

    Admin/Corporate costs:

    This Q: $1.8m
    Previous Q: 2.2m
    TICK

    Director fees:

    This Q: $0.3m
    Previous Q: $0.3m
    FAR TOO HIGH. Should be scaled back 50%.

    FID:

    This Q: 2025
    Previous Q: 2024
    RUBBISH. What was the point of replacing the CEO again?
 
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