I think its the major bottleneck atm. Everything is about funding and ARL to find equity sources and how significant will dilution be.
Thats why sulphide juniors perform better, because their projects capex is multiple times lower. Laterite projects are being watched as risky projects because of capex.
If there would be announcement tomorrow, that JC has agreement for certain percentage of project funding and ARL has their agreement for equity raising and requires for example only issuing 120mil.
This thing would absolutely blow up and hits all the headlines.
So Im eager to find out in future, whats ahead. Hopefully we'll get positive scenario like @Jacko22 and @the squash shared
Pertinent market/industry news/articles, page-5698
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Last
39.5¢ |
Change
-0.015(3.66%) |
Mkt cap ! $78.87M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 39.5¢ | $16.60K | 41.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 216868 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 50000 | 1 |
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| Last trade - 15.38pm 14/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |