ARU 0.00% 15.5¢ arafura rare earths ltd

Short Sales - Here is the latest look through, page-11

  1. 6,340 Posts.
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    I believe it's up to management to limit their influence by delivering on advised timelines and not making large sudden changes - ECE departure in our case which sent out a big invitation when this began in ARUs case. Missing timelines and falling PrNd prices not assisting. We just wait and wait some more - many companies do it - talk it up and miss timelines even change course as we have with some critical finance options - result is they place a target on their back that only they can remove by critical progress - cash flow improvements - top level personnel changes etc etc depending on relevant company situation.
    ARU are responsible for it so we wait for a Vulcan type Ann to remove - lower it.

    Vital and Hastings are 2 potential concentrate suppliers I am aware of in trouble securing funding - Vital were in TH yesterday but previously advised they were stopping their reo mine development due to low concentrate prices making the project uneconomical and HAS have reduced the capacity of their plans. Shows the reo low pricing impact bestowed upon us by CCP. Thankfully we have tier 1 partners and govs and our very own and rare mine to refining in house on site.

    It will pass with key announcements.
 
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16.0¢ 16.0¢ 15.5¢ $127.1K 803.4K

Buyers (Bids)

No. Vol. Price($)
130 5496103 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 1763909 15
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Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
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