Mick, You are still not getting the 15%.
The DFS completion results in 35% ownership by the consortium, I think we all agree there.
The 15% is where the consortium uses their significant GLOBAL power and their GLOBAL financial muscle combined with TECHNICAL KNOWLEDGE to provide the necessary credibility to this project.
The consortium must perform by providing FID financing for the project, for this performance of facilitating funding for the project, they get an additional 15% of the project ultimately being a maximum of 50%
Just imagine little old Ardea going to the market unassisted looking for 3Billion Dollars, It would be laughable in the context of financial muscle, technical know how and the possibility weighted for success.
We need the consortium mate.
The deal is simple, don't complicate this.
RED
- Forums
- ASX - By Stock
- ARL
- Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-84
-
- There are more pages in this discussion • 357 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.86M |
Open | High | Low | Value | Volume |
43.0¢ | 44.0¢ | 42.5¢ | $8.559K | 19.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 44792 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 0.415 |
1 | 24390 | 0.410 |
1 | 25000 | 0.405 |
7 | 100777 | 0.400 |
1 | 275 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 19676 | 1 |
0.450 | 1150 | 1 |
0.460 | 20000 | 1 |
0.465 | 28333 | 2 |
0.485 | 16 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online