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Why would the consortia do this?Because it's not about securing...

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the squash

2,787 Posts.

741

07/04/24

08:29

Post #: 73224559
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Originally posted by the squash: ↑

Chalice mining went to $4.5b market cap dont forget, on discovery alone.

An impressive discovery, but if ARL gets the deal structure hinted at in this announcement, we will have a credible pathway to unlock the full $100b or so in ground value.

I see a scenario here where the deal structure requires consortia partners to fund not just the dfs, but the mining capex also, before they secure offtake.

in this scenario ARL just grinds higher and higher and could be a $10-20 stock. Not saying it would be fair value, but think about it, chalice hits $4.5b on discovery, why wouldnt we hit $4b on the right deal structure?

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Why would the consortia do this?

Because it's not about securing offtake at a price, it's about securing volume no matter the cost

ARL Price at posting: 67.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 71.0¢		Change 0.040(5.97%)		Mkt cap ! $141.6M

Open	High	Low	Value	Volume
68.0¢	71.0¢	67.0¢	$95.38K	138.9K

Buyers (Bids)

No.	Vol.	Price($)
2	67055	68.5¢

Sellers (Offers)

Price($)	Vol.	No.
71.0¢	25815	3

View Market Depth

No.	Vol.	Price($)
2	67055	0.685
2	2757	0.675
1	20000	0.660
1	1528	0.655
1	4725	0.635

Price($)	Vol.	No.
0.710	25815	3
0.740	250	1
0.750	140	1
0.800	80000	2
0.830	9000	1

Last trade - 16.10pm 07/05/2024 (20 minute delay)


Last 68.0¢			Change 0.040 ( 0.00 %)
Open	High		Low	Volume
69.0¢	69.0¢		67.5¢	11138
Last updated 14.20pm 07/05/2024 ?

ARL (ASX) Chart

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