I expected capex in the 500 m$ region + 10-15% price inflation p.a.? 1 b$+ probably would spell equity dilution over the hilt because the bank assumptions on future commodity prices tend to be unjustifiedly lop-sided towards returning back to historic price levels.
Using JV partner(s) for a 30% or so share sounds logical to me but it could be useful to start up with 400ktpa and use the cash-flow to double the production laterwards to avoid equity dilution beyond that level.
I expected capex in the 500 m$ region + 10-15% price inflation...
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $534.1K | 2.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 631081 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 91095 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |