ARU 0.00% 16.5¢ arafura rare earths ltd

Send a message to ARU, page-34

  1. 2,551 Posts.
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    Yes, well done all. When you question in numbers they react. The footnote was added to this AR, yet was never disclosed 6 months ago. I found this a little odd.

    I have returned response; but in short.

    DC still got $1.1M for reaching debt milestone which was put in place by Gavin Lockyer.

    The price he got for his shares was 20c. Yet when he came into power was July 2023. The SP was 34c. If he was truly aligned. Then 34c would be his price, or better still. He would have options.

    I have asked many questions, one being why they are giving fund arranger $160M - when one of them is Canaccord, the company that gave 120m shares back to shorters.

    Shann, suggests each time they have answered these questions. But until we place things here publicly, they tend to sidestep or ignore questions.

    I am confident this project will be a success, we just need to clear the air, so we can move forward knowing that they are giving us retail holders a fair go.

    I have plenty more to add here, but am giving ARU an opportunity to answer.

    Well done all on your efforts! Thanks for the support. A collective success, getting response.
 
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