ARU 3.85% 12.5¢ arafura rare earths ltd

You're right but unfortunately $900 million is a lot of cash and...

  1. 444 Posts.
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    You're right but unfortunately $900 million is a lot of cash and who will allow a $60 million company to borrow that much? It doesn't help that the share price is so low and I think Lynas' history of almost going under doesn't bode well for rare earth mining CR. It reminds me of getting my first loan to buy shares when I was 19 - no bank would give me anything until I had a credit record but how can I get a credit record if no one will give me a loan? Welcome to running Arafura
 
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