The despondency in these threads (mainly through silence) over the Arafura deal is deafening:
“We will deliver critical jobs and economic development in the heart of the Territory and the north,” Albanese said in a statement whilst flicking it $553 USD in debt facilitation.
The Commonwealth Government providing over $800 million for the Nolan's project is a massive relief in the present capital environment. How is that not at least a very positive backdrop to the Dubbo/Tongi outlook? Its prospects have just statistically improved in terms of probability from this backdrop.
An explicit level of support given to the Rare Earth's industry from the Federal Gov' and ASM does backwards....
ASM Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
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