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1.35%

18.3¢ arafura rare earths ltd

Nolans could be uneconomic as it is a heavy debt not free gift, page-64

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PollyGraf

185 Posts.

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17/03/24

12:45

Post #: 72927041
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Originally posted by Birchcorp: ↑

I was lucky enough to be in several shareholder meetings in recent weeks with board of ARU (along with several others here on HC). Offtake is coming, no problems in that regard, many in advanced negotiations will miss out.

Offtake, could be a CP for financial close. But definitely, strategic equity can now be finalised. Debt stack also to be converted to binding. They only had KEXIM to bring up to speed as they were late to the debt group. All others had completed DD.

With offtake. We are leaving 15% for the spot market, as they feel we will get much better prices, given their is a short supply in the western world.

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How is the litigation proceedings against the company going?

ARU Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 18.3¢		Change -0.003(1.35%)		Mkt cap ! $427.4M

Open	High	Low	Value	Volume
18.0¢	18.3¢	18.0¢	$63.29K	351.4K

Buyers (Bids)

No.	Vol.	Price($)
31	894362	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	1109915	21

View Market Depth

No.	Vol.	Price($)
31	898877	0.180
48	2068481	0.175
34	1802187	0.170
22	1117387	0.165
26	1133553	0.160

Price($)	Vol.	No.
0.185	1112272	21
0.190	1388334	24
0.195	1649975	25
0.200	1949280	39
0.205	3458795	31

Last trade - 10.45am 06/06/2024 (20 minute delay)


Last 18.0¢			Change -0.003 ( 2.65 %)
Open	High		Low	Volume
18.0¢	18.3¢		18.0¢	379724
Last updated 11.00am 06/06/2024 ?

ARU (ASX) Chart

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