ARU 2.70% 19.0¢ arafura rare earths ltd

Ann: EDC provides conditional approval for US$300m debt facility, page-32

  1. 6,257 Posts.
    lightbulb Created with Sketch. 1565
    Could be US Birch. Hoping not unless cash assistance attached with such as the US have done with at least a couple of OZ critical minerals listings.
    My concerns US is Trump winning election. He has stated wind will not happen and EV shift the same. Anything possible with his one man circus and he wants revenge everywhere and Biden's immediate shut down of the huge gas pipeline project would-be one such example and his love of monies fr
    om oil - gas industry donors. Nah leave US for Lynas and Iluka.

    ARU are only looking to utilise USD100
    m of Euler Hermes covered loan facility and USD75m from Kexim same facility.

    Japan mention has been a constant for a long period.
    POSCO SK highly likely.

    We will know soon.

    Some good research and discussions on ARU value I'm staying clear of until all becomes clearer. Just way to many variables - all very, very positive to ARU at present. Although I do anticipate some institutions updated overage of ARU in due course.
 
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