ARU 4.17% 11.5¢ arafura rare earths ltd

Ann: Arafura to build Rare Earth Separation Plant at Nolans, page-3

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  1. 7,224 Posts.
    lightbulb Created with Sketch. 42
    Yes, thought the same.

    Thought they had suddenly found the $1 billion AUD to get this up and running.

    Money has been pretty cheap for past 10 years, shame they waited so long as they could have picked up a $1 billion at 1%.

    They'll now try and do a 20 billion share issue at 5c to institutional investors, with a free oppie attached as a sweetner of course...

    Just an opinion.

    TCG
 
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