Folks, first time poster and probably a dumb question but here goes:
If ARU get the 'finance stack' locked in before they go looking for the final ~'$500m'......at that point isn't the most relevent benchmark for it's shareprice it's value once 'FID' is declared, mining ops start, etc?
And what is that? $0.70c.... $1.20.... $1.70c?
At that stage wouldn't the market assume the last money in is guranteed, this thing is going, and FOMO drives on-market pricing back up to where ARU can place with a fund, or an SPP, at prices back in the 40c-70c plus?
Folks, first time poster and probably a dumb question but here...
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $363.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $342.6K | 2.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 91 | 2647637 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 732694 | 20 |
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| Last trade - 12.09pm 06/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |