ARU 2.56% 20.0¢ arafura rare earths ltd

Ann: Arafura and Hyundai Motor Company sign non-binding MoU, page-60

  1. 140 Posts.
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    no worries.
    obviously it's not going to be ten years this time because they aren't proposing transitioning from an ore supplier to a commodity supplier that mines their own ore, they've completed that ten year process. I don't know why you would even raise the ten year period again. It's irrelevant.

    I'm not putting a time limit on securing binding offtakes because frankly I don't care and it's not that important. My priority is for the company to secure the best deal they can irrespective of the timeline. I have no reason to doubt that this is what they are focussed on and this week's announcement increases my confidence in them achieving it.
 
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