Hi Rusty, IMO gov funding will head to ARU on satisfaction of conditions precedent (including offtake), as per ARU's market announcement in early May.
Seen numerous Australian government agency "letter of support" statements from companies, but this is the first time I've seen one disclose a facility amount and term linked to EFA. You might recall EFA's mandate was changed to allow it to lend to critical minerals and rare earth projects https://www.exportfinance.gov.au/resources-news/news-events/government-news/2019/november/new-financing-measures-to-help-build-critical-minerals-sector/
This was a very significant disclosure by ARU, and would have to have been agreed by senior government people.
ARU in PM's speech to Minerals Council Dinner, page-28
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $392.7M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.5¢ | 16.5¢ | $1.087M | 6.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29410 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 934084 | 20 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |