General Discussion, page-829

Folks, just for awareness since it's a major technical issue with one of our future off takers.

https://www.cnbc.com/2023/06/23/siemens-energy-scraps-profit-outlook-as-wind-turbine-troubles-deepen.html

Been a while since I last posted on ARU. Best wishes to all old and new faces. Good to see the debt stack coming together nicely albeit with some hiccups with commercial banks. Gavin doesn't hold back when he is stressed. He even had a go at Feds for not doing enough 2 years ago. God knows how much support we had from Feds since.

Wondering why the share price keeps falling? My guess is a high capex number after detailed studies which despite good debt coverage requires equity contribution (either via GE or direct capital raise). Last few hurdles, some more pain, but we shall soon have our FID. I have held most of my shares (had to let some go in 50's to fund another investment). I will be a buyer of any further weakness below 30, else happy to hold onto what I have till we have final capex numbers and clarity on GE strategic equity.