Valuing ARU, page-8

First 8 Last

Share
Profile

Follow
Banana1234

1,284 Posts.

114

20/05/24

21:29

Post #: 73922804
Share

Originally posted by Birchcorp: ↑

Thank you for taking the time to put your model down and the explanation. I can see the time and effort you have taken.

Two items I can add;

1. the cost overrun built into the project is at circa AU$600M. That’s a massive contingency, that the government has built into this project. Maybe their experience with ILU has taught them. That being said, ILU all looked rushed, whereby we have had advanced FEED lasting over 18 months to ensure no budget blow out.
2. As you touched on above, managements tranches/milestones, for remuneration, in particular are aligned with our goals. Ie the second milestone in particular is dependent on the debt drawn down without a cost overrun.

This means, although we have the cost overrun, they won’t want to use it.

I dived heavily into the managements remuneration and had several meetings around this with ARU. In particular Darryl. I was very blunt/frank with my assessment, and on coming out the other side I am very comfortable the executive remuneration is aligned with us shareholders.

If we have success, then management will succeed.

Expand

@Birchcorp while we on on this topic.. does labour government need Coalition or green support to ink ARU 840m funding?? Even it seems that Albo has committed to this funding? Politic is a headache

ARU Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 23.5¢		Change 0.020(9.30%)		Mkt cap ! $579.1M

Open	High	Low	Value	Volume
21.5¢	24.0¢	21.5¢	$3.503M	15.30M

Buyers (Bids)

No.	Vol.	Price($)
2	107000	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
24.0¢	1582362	35

View Market Depth

No.	Vol.	Price($)
1	42000	0.235
14	984785	0.230
15	618302	0.225
26	1369230	0.220
12	293817	0.215

Price($)	Vol.	No.
0.240	1579612	34
0.245	2306554	12
0.250	1325572	25
0.255	569114	7
0.260	301209	8

Last trade - 16.15pm 21/07/2025 (20 minute delay)

ARU (ASX) Chart

Valuing ARU, page-8

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Valuing ARU, page-8

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News