Production costs is sub $30 now. Ie I am assuming they have considered 10% tax credits and the like…Refer the second dot point below.
Importantly it does not include the expansion planned, and how scaling lowers this further.
I’ll add ARU response to expansion the moment I have an opportunity. But, in essence, they are looking to utilise the extra debt where possible.
Arafura Rare Earths Ltd, page-1085
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