ARU 0.00% 19.5¢ arafura rare earths ltd

quarterly report, page-8

  1. 1,253 Posts.
    the other point to bring up is the worse case scenario.
    If they dont find appropriate financing the NB asset is worth a multiple of todays market cap/share price. Not that management would ever consider selling and disolving the company but in this case with such a high capex it could be an option. They could use the cash to buy something more conventional, or develop another asset in the portfolio.
 
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