Ann: Trading Halt, page-18

Don't trust ARE or its management. They knew that they are running out of money and had no choice but to announce CR and this is for their benefit alone.

Many investors including small super funds lost significant amount of money since ARE last conducted CR @ 2 c in October 2018.

After CR, ARE would go to sleep until the time it needs more funds. ARE and its management didn't announce any activity for nearly a year after unsuccessful drilling at lake Torrens in March 2019.

ARE had plenty of money left over but what it did except paying hefty salaries to LO and other staff.

Does anyone has the answer?