ARU 3.13% 16.5¢ arafura rare earths ltd

arafura and incitec pivot phosphates agreement, page-22

  1. 80 Posts.
    May be I have an English challenge - native speaker could you please advice:

    There are two different announcements from ARU just right now. One at ASX another at ARU homepage:

    ARU:"Arafura Resources Limited (Arafura) today announced the signing of an agreement with Incitec Pivot Limited (Incitec) to develop a chemical processing facility supplying chemicals to Arafura’s proposed rare earths-phosphate processing facility. ..."

    ASX:"Arafura Resources Limited (Arafura) is pleased to announce the signing of an agreement with Incitec Pivot Limited (Incitec) under which Arafura and Incitec Pivot will evaluate the feasability of constructing integrated chemical facilities to supply relevant chemicals to Arafura’s proposed rare earths-phosphate processing facility..."

    This is for me a total different meaning. In the ARU homepage announcement I read that they will build the plant and now work on the details. In the ASX announcement they speak about a feasability study.

    What is it?
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $389.8M
Open High Low Value Volume
16.5¢ 17.0¢ 16.0¢ $729.7K 4.424M

Buyers (Bids)

No. Vol. Price($)
40 1746294 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 619619 36
View Market Depth
Last trade - 14.40pm 08/08/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.