My theory on the announcement delay
ARL is waiting on conditional approval from Export Finance Australia for an amount circa $600m (roughly 20% of total) from the critical minerals fund. Once this is received the following will occur
- ARL is able to bring to the JV, great asset and conditional loan of $600m dependent on DFS
- JC can then go to stakeholders and get funding for DFS as they can advise the above and will receive 15-25% equity and preferential off take agreements to fund the DFS and providing mining knowledge and experience in laterite mining.
- Agreement signed
- DFS will occur with the already approved suppliers of the now JV.
- DFS comes back as expected
- Export Finance Australia approves $600m based on DFS
- JV can go to market and easily obtain senior debt funding for the build as it has, great asset, DFS, mining knowledge, off take agreements, mezzanine debt funding of $600m and experienced JV
- ARL JV now has Mezzanine and Senior debt funding at cheap rates to build and start mining.
this is my speculation and not compiled with any facts.
DYOR and GLTAH
- Forums
- ASX - By Stock
- Ann: Japanese Consortium Update on Progress on KNP Goongarrie Hub
My theory on the announcement delay ARL is waiting on...
- There are more pages in this discussion • 8 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
(20min delay)
|
|||||
Last
67.5¢ |
Change
-0.175(20.6%) |
Mkt cap ! $132.9M |
Open | High | Low | Value | Volume |
80.0¢ | 80.0¢ | 67.5¢ | $580.7K | 785.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4284 | 67.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.5¢ | 360 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4284 | 0.675 |
1 | 4000 | 0.670 |
1 | 500 | 0.665 |
1 | 20000 | 0.655 |
1 | 25000 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.705 | 360 | 1 |
0.720 | 1952 | 1 |
0.725 | 5986 | 2 |
0.730 | 20000 | 1 |
0.760 | 30361 | 2 |
Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
|
|||||
Last
68.0¢ |
  |
Change
-0.175 ( 14.1 %) |
|||
Open | High | Low | Volume | ||
80.0¢ | 80.0¢ | 68.0¢ | 124628 | ||
Last updated 15.59pm 30/04/2024 ? |
Featured News
ARL (ASX) Chart |