ARU 2.78% 17.5¢ arafura rare earths ltd

Ann: Arafura to build Rare Earth Separation Plant at Nolans, page-11

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    http://newsroom.nt.gov.au/mediaRelease/28359?fbclid=IwAR1qhLJALLlvGquu9YZHnkygjayLhvNlV9nGfoD5QEkqkEkdb-2RzSuB0LY


    Very positive NT Gov't news release. I really like these statements:


    The NT Government has recently established a new Local Jobs Fund to create more local jobs immediately. Significant job creating projects, which are advanced in their development like the Nolans project is, may be able to seek finance through the Fund.

     

    There's $92.5 million in that bucket http://newsroom.nt.gov.au/mediaRelease/27317. Check out the investment criteria. Right up ARU's alley. Could've been written for them LOL!!


    - capital grants for economic transformation projects

    - concessional loans to deliver short-term finance to small and emerging businesses with significant long-term potential

    - equity finance

 
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