It's all to do with risk.
Firstly, ILU have successfully procured finance to produce and sell stuff over many years. They have a long and (relatively) successful track record of delivery.
Secondly, there's a hell of a lot of ILU (and third party) monazite sitting in HMS operations and as-yet undeveloped deposits in Australia. Some might promote it (to government) as an endless supply.
Having said all that, it's criminal that ILU is in line to receive a minimum of $1.2bn of our taxes when they should be required to fund a greater share of the Eneabba development costs out of earnings from the sale of Zr and Ti.
It's all to do with risk.Firstly, ILU have successfully procured...
-
- There are more pages in this discussion • 1,172 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $443.5M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $1.087M | 6.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200375 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 787496 | 25 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |