Hey Tab, love your work!
BTW, how different is an EXIM loan from a NAIF loan? It seems to me this is kinda like the $ that has come to Aussie companies via the Aussie $4b Critical Minerals Facility, no?
Interesting to note that the other recipients of EXIM funding loans (E25, ARR, and S32) are up significantly since the announcement…
You mention VUL, but it isn’t alone - A4N (MC $1.2b) hasn’t looked back since picking up circa $400m in NAIF loans and meaning production is years away…
Sure, apples and oranges as they say, but the ASX sure is a fickle beast. Can only think that the cr timing is responsible for keeping us in check at the moment.
Can’t be long now before the brakes come off and we join this billion $ club. Koch involvement underestimated by Aussie investors. Time to be getting a premium for DLE and being in the US, not the constant discount we’ve had to suffer.
GLTH
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