ARU 0.00% 15.5¢ arafura rare earths ltd

They certainly keep tweaking cash generation. In early 2022 - 30...

  1. 6,423 Posts.
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    They certainly keep tweaking cash generation. In early 2022 - 30 million from fed grant then August 2022 41 million placement (which was to complete the FEED now almost a year has passed!) and of course 121 million in Dec 2022 - a whopping 192 million in one year. That's a hell of a lot of money and dilution in one year - and to not deliver final binding agreements in place of critical offtake and finance on advised time. Then soon after very major changes after providing finance timelines - ECE NAB dumped. In Society Generale - Ueler Hermes - Canadian Export fund - Aus gov x2 we entrust. Hyundai - GE perhaps to kick in and more CR with HP participation.
 
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