ARU 1.39% 17.8¢ arafura rare earths ltd

Ann: Half Year Accounts, page-2

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  1. 7,736 Posts.
    lightbulb Created with Sketch. 6995
    "Arafura has binding offtake agreements already in place with Hyundai Motor Corporation and Kia Corporation (Refer to ASX Announcement dated 7 November 2022) and Siemens Gamesa (Refer to ASX Announcement dated 11 April 2023) and is in advanced negotiations with several prospective offtake partners to secure the remaining 47% of its 85% Offtake Target."

    "GE remains one of the prospective offtake partners to which Arafura is in advanced negotiations."

    Well lets hope its soon forthcoming. The 80% loss from early 2023 highs a bit silly. I am keenly in ARU at these levels after selling a prior investment far too early.
 
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