This sounds like great news.
I am disappointed to see that all the price activity for this announcement happened before the announcement was released to the market. We might see a bit more action in the coming days, but the breakout on the chart appears to be driven by leaked news of this announcement. Let's see what happens in Germany tonight.
This announcement suggests that ARU are now looking to produce REO and not REE. Was I previously mistaken in thinking that ARU were looking to produce REE? Is REE production still in the pipeline with potential for secondary treatment near Darwin, Adelaide or OS?
I would love to see a spreadsheet with the new numbers put in place compared to the numbers from the PFS.
Ann: Nolans Feasibility Study Update , page-9
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