My understanding (there's plenty of others with a better understanding) is that there would be at least 2 more ann's before FID. 1) Equity raise 2) At least 1 x off-take agreement. The gas supply agreement for the project is conditional on FID by end of July so would hope those ann's happen sooner rather than later. @suitsurfer has done on tremendous amount of work on his modelling of ARU. Check it out. https://hotcopper.com.au/threads/valuing-aru.8010026/
ARU FID?, page-2
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Last
13.8¢ |
Change
-0.003(1.79%) |
Mkt cap ! $345.0M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.8¢ | $140.7K | 1.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 2403297 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 652306 | 16 |
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| Last trade - 10.31am 08/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |