ARU 0.00% 16.0¢ arafura rare earths ltd

excellent uranium presentation, page-12

  1. 4,545 Posts.
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    re: uranium - to more aru u hold, the more u get i You'll need fpo's to take part, although from my knowledge the company must adjust the options somehow to make up for the fact that the assets are changing from the time you incvested in options. what form that takes is unknown untill the announcement.

    Personally I'd like to see a pro-rata of options in the new company, ie 1 new option for evey 3-4 ARUO, :)

    Interesting hint in the ann today about the "tight equity" in the new company, leads me to thing its not a GIT or TOE with +50mill shares from the outset, just speculation on my part though.
 
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