ARU 2.70% 19.0¢ arafura rare earths ltd

Excellent x 3. All confirmed.Tax concessions for 10 years.Highly...

  1. 6,159 Posts.
    lightbulb Created with Sketch. 1525
    Excellent x 3. All confirmed.
    Tax concessions for 10 years.
    Highly probable cash grants to ARU.
    Biiden admin tariffs.

    This would have been prior knowledge to our sheorts that have been accumulating at ridiculous lows.

    These combined will now see closure on off takes and finance that are all but closed and again sheorts know.

    Previously retail - market advice was ARU needed to satisfy off takers and financiers particularly with FEED completion then the 85% offtake binding. Then there was obviously the removal of Chinese interests - holdings. There were also delays re GE split and the required silence of other key remaining off take - financiers whom held concerns over current supply continuation.
    Fast forward we then obviously
    needed to close out Aus govt financing and tax credits similarly to US IRA implementation and as advised last quarterly ARU had to provide additional and highly capable board and senior project delivery persons.

    All criteria is now complete. So how long now for closure. How long now for all those critical announcements we have long awaited. Well perhaps end of June as advised is highly achievable. Outstanding. Well done to all who held tough and those who more recently timed their entry.

    Sooner all is announced and equity raised at +30c the better I will feel HP are not going to mount a takeover for the lot.
    2.3 billion SOI and only one advised large holder of 10%. Someone's holding a stack under other hidden entities.
    Hoping it is a mix of institutions arriving at Lassonde Curve and not one - that would be a lot of voting power.
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $438.9M
Open High Low Value Volume
18.5¢ 19.0¢ 18.3¢ $735.0K 3.930M

Buyers (Bids)

No. Vol. Price($)
18 922170 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 1101817 16
View Market Depth
Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
18.8¢
  Change
0.005 ( 1.74 %)
Open High Low Volume
18.5¢ 19.0¢ 18.5¢ 990247
Last updated 15.59pm 31/05/2024 ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.