Australia's largest stock trading and investment forum Australia's #1 stock forum

ARL

Click for more information

1.59%

64.0¢ ardea resources limited

That would be excellent or dream come true outcome. More than...

First 92 Last

Share
Profile

Follow
Mick91

95 Posts.

43

18/04/24

10:27

Post #: 73402355
Share

Originally posted by Gutshot99: ↑

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

Expand

That would be excellent or dream come true outcome. More than lowers risk, that would attract a lot of investors.

ARL Price at posting: 73.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 92 Last

Add ARL (ASX) to my watchlist

(20min delay)
Last 64.0¢		Change 0.010(1.59%)		Mkt cap ! $127.7M

Open	High	Low	Value	Volume
64.0¢	66.0¢	62.5¢	$72.52K	113.8K

Buyers (Bids)

No.	Vol.	Price($)
1	63	63.0¢

Sellers (Offers)

Price($)	Vol.	No.
66.0¢	4546	1

View Market Depth

No.	Vol.	Price($)
1	63	0.630
2	2492	0.625
2	7672	0.620
2	34420	0.615
2	18225	0.610

Price($)	Vol.	No.
0.660	4546	1
0.670	13349	2
0.685	5000	1
0.690	4000	2
0.695	2847	2

Last trade - 16.10pm 15/05/2024 (20 minute delay)


Last 63.5¢			Change 0.010 ( 1.60 %)
Open	High		Low	Volume
64.0¢	65.0¢		62.5¢	51911
Last updated 15.14pm 15/05/2024 ?

ARL (ASX) Chart

SPONSORED BY