ARU 2.78% 18.5¢ arafura rare earths ltd

This loan is not required; the loan is shaped in US dollars...

  1. 2,405 Posts.
    lightbulb Created with Sketch. 1597
    This loan is not required; the loan is shaped in US dollars outlined and being the bulk from (a) and (b) below:

    a. Australian Government
    b. Canadian Government
    c. Korean Government
    d. Small amount from commercial lenders.

    The Euler Hemes piece is only a loan guarantee, and covers off (d) above. Around US$75M

    The Koreans supply US$75M loan and also guarantee an equal amount.

    In the end, ARU had too much debt funding, so had choices with regard to terms and conditions - and went with point (a-d) above.

    Last edited by Birchcorp: 20/06/24
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
0.005(2.78%)
Mkt cap ! $427.4M
Open High Low Value Volume
18.0¢ 19.0¢ 17.8¢ $1.043M 5.702M

Buyers (Bids)

No. Vol. Price($)
5 260900 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 1045465 27
View Market Depth
Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.