Of course they do and I have been saying this for a long time. No Governments - debt providers or Insto's will be committing substantial financing without a comprehensive detailed understanding - much more than that of retail - again it is how the BEOT roll - yet they would be in more knowledge of certain key issues - that again are evolving and changing - it remains unbinding so it remains un announced. So you reckon ARU go to HP and say we got this RE shit out in the centre of Australia - whatta ya reckon - wanna throw down up to 100 million over next 2 years and a shite load more when we need your support to close out equity? As I suggested - this was at least 6 months of discussions and due diligence prior to being advised/announced - it was commercially sensitive and therefore kept under wraps until binding - just as we are experiencing now. And over the past year and 9 months our Insto's have received weekly updates - some of which would have diverted considerably from the initial discussions when the Insto's arrived on board. Some of which would have raised eyebrows as with us - some of which were/are extremely positive. What is so hard to understand here - Insto's get more bang for their very considerable buck - risk and that aint illegal because what they are provided are only guidance - at discussion stage - un binding.
We're talking big money of our own here and that may be 10k to one person or a million to another - and we are frustrated - becoming impatient - but for mine this is the most pertinent time of our investment - how the off take/equity/dilution component concludes will have quiet an impact going forward - but critically to have it locked away - project de-risked is priceless and the years there after - stage 2 - supply/demand/pricing well all the recent 1 year 9 months hoo haa will be long evaporated and this BS with it. For now I am not "entitled" to know full details of remaining key closures until binding - guidance only in the meantime.
Anyway I'm done - so many better things to do even for an ageing crok. BWTAH - don't ever buy or sell a share on anyone's comments here.
- Forums
- ASX - By Stock
- CEO response to misinformation
Of course they do and I have been saying this for a long time....
-
- There are more pages in this discussion • 4 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
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $443.5M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.5¢ | $354.0K | 2.009M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 640492 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 1659291 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 640492 | 0.175 |
13 | 711564 | 0.170 |
28 | 1485633 | 0.165 |
38 | 1395149 | 0.160 |
30 | 2230626 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 1658991 | 27 |
0.185 | 1255678 | 32 |
0.190 | 1518964 | 28 |
0.195 | 713545 | 20 |
0.200 | 1794485 | 25 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
ARU (ASX) Chart |