$100m into DFS for 35% of the project values ARL at $280m at face value
I'm surprise consortia can only earn up to 50% of the project.
this looks bullish to me, combined with Madeleine Kings comments on the release.
I think we will see a huge slice of the capex coming from Australian and Japanese debt, and offtake terms that de risk the debt via a price floir
which means we are walking into 50% of a mega project with minimal dilution and plenty of free cash flow
I need to model up some scenarios but I see us comfortably being a $3b++ entity as this project hits production with minimal dilution - I.e. we nudge $15 by say 2027...
given the very significant de risking, the market could easily make this a $5-10 stock and hold us there while the finance terms are worked through
- Forums
- ASX - By Stock
- ARL
- Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-13
-
-
- There are more pages in this discussion • 425 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
|
|||||
Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $88.85M |
Open | High | Low | Value | Volume |
44.0¢ | 45.5¢ | 43.5¢ | $47.41K | 106.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26306 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26306 | 0.445 |
1 | 1827 | 0.440 |
1 | 20000 | 0.435 |
1 | 1500 | 0.420 |
2 | 34390 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 15000 | 1 |
0.495 | 5989 | 1 |
0.520 | 10575 | 2 |
0.540 | 10000 | 1 |
0.545 | 78038 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |