ARU 2.70% 19.0¢ arafura rare earths ltd

General Discussion, page-1339

  1. 317 Posts.
    lightbulb Created with Sketch. 160
    Yes @razzle7 I wrote to Hancock Prospecting PL on the 20th Aug, suggesting "the need" for HP to consider a nomination for Board Seat at the upcoming ARU AGM.
    It will be interesting to see if GR/HP have nominated a candidate. I guess we find out when the AGM papers are sent out....
    I wouldn't hold my breath though.....my gut tells me HP are just holding back for now, providing advice to BOD/management on a regular basis, and are probably assessing the likelihood of increasing their stake to say 15-19.9% with/when there is a next CR prob in Aug 2024, with a view to nominating a HP Pty Ltd representative for the Board at that stage (nominations likely to close around Aug 28th-Aug 31st 2024).
    They are leaving it to the currently experienced team of GL/PS/SW to get all the "paperwork" done and the early ordering/early works (SW), with a view to having all this wrapped up by Dec 2023, then full steam ahead with Processing Plant construction.

    All IMVHO, DYOR (cause I have), GLTA(patient)LTH "Build it they will come for more" LTH over 1.0mil but less than5.0 mil shares.


 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $438.9M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $330.8K 1.748M

Buyers (Bids)

No. Vol. Price($)
50 1539841 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 548610 11
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.