Yes, I’m guessing and purely a guess… one of the offtakers wants part of the expansion. Meaning EQUITY partners to be announced.
They won’t announce the expansion as the offtaker hasn’t committed and they won’t commit as they don’t want the SP to rise. Hence costing them much more to get in.
Being very honest, this is only speculation from me, but I cannot explain the AU$700m+ (way too much flexibility- your words, in my eyes) when they already have overrun facility in the order of AU$500.
Yhey know all shareholders prefer debt over equity. They noted that at all quarterly’s previously.
That’s my BIG please explain at the meeting come Wednesday.
Logically, non of the equity partners wants to announce otherwise cost themselves when the SP increases.
- Forums
- ASX - By Stock
- ARU
- Ann: Gas supply agreement with Mereenie JV Partners updated
Ann: Gas supply agreement with Mereenie JV Partners updated, page-14
-
- There are more pages in this discussion • 2 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 ARU (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $395.8M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $317.2K | 1.960M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 70837 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 1577767 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 70837 | 0.160 |
112 | 5879153 | 0.155 |
75 | 2841989 | 0.150 |
23 | 956858 | 0.145 |
21 | 2066307 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 1562767 | 42 |
0.170 | 1258912 | 26 |
0.175 | 746462 | 13 |
0.180 | 1170320 | 24 |
0.185 | 710443 | 16 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |