ARU 0.00% 16.0¢ arafura rare earths ltd

"they won’t risk govt falling away and having an abandoned...

  1. 19,586 Posts.
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    "they won’t risk govt falling away and having an abandoned project"

    Precisely why Govt funding is expended last, after pte debt & equity is fully committed.

    Always exceptions along the lines of Abbott's infamous "Captain's calls" but they are outside the playbook, for good reason.

    Regardless, the $300m Gavin is pumping are little more than two letters of interest, very, very long way to committed funding.
 
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