ARU 0.00% 19.5¢ arafura rare earths ltd

Ann: Trading Halt, page-32

  1. 2,415 Posts.
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    Another topic: I often say their communication is poor. I continue tonight.

    Can someone help me with this logic. How is it that ARU have advanced discussions with companies for more than 100% of product.

    Are they taking the p*as or something I am missing? 54% already signed and then advanced discussions with another 72%? So that’s over 100% right, so what’s the benefit of the balance of talks, the other 42%, or moreover, why continue to write this in their presentation. So if everything they say is true (which we know, never is), why agitate the negotiations with notes on other negotiations that are so far above the maximum production… I kind of get the 72% advanced, that takes us to 126%, mind you, not sure how that 26% magically appears when we cannot produce this, but why on earth agitate with the 42%??


    https://hotcopper.com.au/data/attachments/5816/5816692-0f8bbf3ff74b042b6490816e2aa0c67b.jpg
 
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