but when I put myself in the Australian Govt’s shoes. As you say. They are doing the heavy lifting. So why not get even more control for the money. Hence the JV.
and I do think USA has been secretly knocking on the ARU door.
also I don’t think they could fake JV talks. Why would the board/management risk it (ie personally). If it was found out to be false, this opens the door to legal action.
so IMHO do think the JV talks are real.
ARU Price at posting:
20.3¢ Sentiment: Buy Disclosure: Held
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