Hello ZF.
Part of delay is KEXIM and HYUNDAI arriving late at the table regarding finance. Market was advised in Jan quarterly release Hyundai were to hold face to face meetings with ARU management to bring them up to speed with other parties. ARU and Hyundai are in discussions for former to tip in some equity and KEXIM has two financial facilities provided to ARU - one is USD75 million debt facility the other is a USD75 million loan guarantee (pretty sure memory is correct re 75) - anyway it clearly demonstrates Hyundai/Kia and South Korean gov are on board and progressing things - a supply time pushback will be part of the final negotiations.
Must take into account Lynas has increased product arriving so ARU indeed is not the only player by any means - hey but at least we are going to be 100% Australian integrated and fully ESG compliant and product 100% traceable. There in lies the difference AND advantage over peers.
- Forums
- ASX - By Stock
- Arafura Rare Earths Ltd
Hello ZF. Part of delay is KEXIM and HYUNDAI arriving late at...
- There are more pages in this discussion • 211 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 ARU (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $438.9M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.5¢ | $453.7K | 2.394M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
59 | 2691683 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 854295 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
59 | 2691683 | 0.185 |
102 | 5654189 | 0.180 |
30 | 1788214 | 0.175 |
25 | 1685306 | 0.170 |
12 | 674937 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 854295 | 12 |
0.195 | 1687000 | 21 |
0.200 | 1931154 | 38 |
0.205 | 3451898 | 29 |
0.210 | 1787423 | 27 |
Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
|
|||||
Last
18.8¢ |
  |
Change
0.005 ( 1.13 %) |
|||
Open | High | Low | Volume | ||
19.0¢ | 19.0¢ | 18.5¢ | 1447625 | ||
Last updated 15.59pm 04/06/2024 ? |
Featured News
ARU (ASX) Chart |