ARU 2.78% 17.5¢ arafura rare earths ltd

Ann: 2020 Activity Outlook, page-3

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  1. 893 Posts.
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    $500 million? LOL!! It'll be closer to $750 million than $500 million when it's all said and done. And that's before LYC provisions for the environmental bond that'll be imposed by WA EPA for having radioactive waste on Kal's doorstep. At least they have a benchmark - US$100m in Malaysia.

    BTW a timely and very informative announcement by ARU. Plenty going on in areas that matter. Yep, the oxide to metal toll processing deal stands out for me too. The mining tenure delay sounds more like a case of when it'll be granted, not if. Hopefully not too long, but how long's a piece of coronavirus string? rolleyes.png
 
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