ARU 0.00% 14.0¢ arafura rare earths ltd

ARU FID?, page-2

  1. 329 Posts.
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    My understanding (there's plenty of others with a better understanding) is that there would be at least 2 more ann's before FID. 1) Equity raise 2) At least 1 x off-take agreement. The gas supply agreement for the project is conditional on FID by end of July so would hope those ann's happen sooner rather than later. @suitsurfer has done on tremendous amount of work on his modelling of ARU. Check it out. https://hotcopper.com.au/threads/valuing-aru.8010026/
 
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