Ann: Conditional approval for up to US$150m from KEXIM, page-14

Nothing to worry about. Its all a process as the most important fact - the share price begins to slide again.

“Today’s announcement marks another significant milestone towards securing US$775 million of senior debt. We remain steadfast on achieving a final investment decision this year.

FID hopefully December. So if all goes perfectly to plan production to begin early 2028.
For how many more months will the insiders pick at the bones. only 18c of meat left on the bones. make that 17.75c

Arafura Managing Director Darryl Cuzzubbo said:
“Hyundai and Kia are Arafura’s cornerstone customers and our strategic alliance with Korea has been
fortified by KEXIM’s US$150 million in financing support for the Nolans Project.
“Together, KEXIM and Arafura are embarking on the development of a diversified global NdPr supply
chain to achieve a lower carbon future.
“Today’s announcement marks another significant milestone towards securing US$775 million of senior
debt. We remain steadfast on achieving a final investment decision this year.
“I look forward to working closely on our partnership with KEXIM.”