Chinese opt out of Arafura raising

Arafura Resources' plans to raise $90 million via a share placement to progress its Nolans project north of Alice Springs have suffered a blow after East China Exploration and Development Bureau declined an offer to acquire shares in the placement.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
29thRiedel Resources503%4%
233rdArafura Resources41%-8%
465thPioneer Resources-4%-2%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$15k Bought
$5k Issued
$15k Issued
Total value as at the date of the transaction
Source: Morningstar


127th↑Arafura Resources$847k
130th↑Pioneer Resources$745k
131st↑Cleveland Mining Company$699k
134th↓Riedel Resources$663k
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Arafura Resources

265thGavin Lockyer$456k
369thPeter Sherrington$354k
423rdRichard Brescianini$313k
Ranked by total remuneration from all listed WA companies

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