Price is what the contract says - let’s wait and see. Remembering we are the only ex-China supply chain available for the proven supply deficit (ex-China). Offtake requirement was reduced to 80% mandate, so obviously spelling out its above spot price…
With reference to work contracts that are coming out…Can someone tell me if these guys at ARU are planing a mine?? Without disclosing; logistics contract closes next week. Also, a 3 year medical contract for onsite paramedic for the construction period closes next week.
What really frustrates, is their planning for construction without announcement of any such detail.
So, they are either planning to spend all our money again, or they know they have the equity all tied up!
I keep repeating myself, in letters to them. You cannot have it both ways. It’s just plan skullduggery…
https://gateway-files-prd.icn.org.au/attachments/attachment_391072.pdf?Policy=eyJTdGF0ZW1lbnQiOlt7IlJlc291cmNlIjoiaHR0cHM6Ly9nYXRld2F5LWZpbGVzLXByZC5pY24ub3JnLmF1L2F0dGFjaG1lbnRzL2F0dGFjaG1lbnRfMzkxMDcyLnBkZiIsIkNvbmRpdGlvbiI6eyJEYXRlTGVzc1RoYW4iOnsiQVdTOkVwb2NoVGltZSI6MTcyMzI0MjkzM319fV19&Signature=jaKJsmz0eB7coIqeeF-lzDpox9FrGyKg4piQ6n-73oBdy799GNMVDKSgVHe8l12-hTUm0Tfq6U9mMU3jHD9-ShvgRWxnlPji0qoMXfqtEzxF~6uQrDhfDSzjE6bGbfHh3JcM0nLtG0KCFCBq2QjhUDSBsLy-SrpQE1vBfKseD4NmoJ45DDPKtn26yxWMhEPe1G0oJfAIRW2y~Qmzt9CSZa6muc3jbVpwcoynyVUbR1Mu2-D-g5oHb3mbT8ywxDRIoYCkzdgYWcz3QMF8JvYf~bgvsnrxXR76hBSzR2jb1AG1wUaY7-rQFEkdCEFw3JWoHY8bKsiBVymvVyQYJuafPw__&Key-Pair-Id=APKAIUIGZWICELO5MIPA
Arafura Rare Earths Ltd, page-998
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