ARU 0.00% 16.0¢ arafura rare earths ltd

Ann: Trading Halt, page-83

  1. 1,468 Posts.
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    The Board ultimately are the ones accountable for this mess.

    Mark Southey the Chairman. Write to him.

    Meanwhile the Board have all granted themselves significant pay increases too.
    - They pay for this by diluting our shares (i.e. we are literally paying out of our pockets).
    - They pay for this by raising $24M for an $80M reduction in the value of the company.

    They didn't even deliver FID by 2022 as promised when NdPr was at the right price.
 
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