The current binding offtakes haven't helped ARU secure any finance agreements for a number of years they have been in place. Over the years theres been a number of these agreements and they only hold good until they expire, regarding delivery dates for production times etc. and ARU have never delivered. Can you honestly see Arafura being in production in the next 18 months after 20 yrs.. I don't think so.
Ann: Quarterly Activities Report and Appendix 5B, page-61
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