ARU arafura rare earths ltd

Ann: Quarterly Activities Report and Appendix 5B, page-13

  1. 2,373 Posts.
    lightbulb Created with Sketch. 1154
    The good:

    • JV - Hancock most likely looking to buy in, and probably eventually buy out (=huge premium $$$ ca-ching). SHOW ME THE MONEY.
    • Plenty of working capital - no cap raise

    The bad:
    • Certainty over speed was bs. See crazybull post above re. certainty.
    • FID now sometime this year.
    • $15M grant wasted
    • $2.4M camp wasted
    • Nolans success plan (huge Exec freebie bonuses) has no guidance, budget, schedule, or time based performance metric. As crazybull hints - how is seperation between Execs and BODs vs the most powerful mining business in Australia and shareholders interests being assured.....

    In my opinion, the good greatly > the bad.
    - Someone/something big wants Nolans.


    https://hotcopper.com.au/data/attachments/6970/6970342-8cf4894bfef9b0595c88ee14c997505b.jpg
    Last edited by tradeprofits: 30/04/25
 
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