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19.0¢ arafura rare earths ltd

Nolans could be uneconomic as it is a heavy debt not free gift, page-60

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stuwall

1,327 Posts.

143

16/03/24

14:48

Post #: 72920689
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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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then Ann it.............simple!

ARU Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 19.0¢		Change 0.000(0.00%)		Mkt cap ! $438.9M

Open	High	Low	Value	Volume
19.0¢	19.5¢	19.0¢	$789.0K	4.138M

Buyers (Bids)

No.	Vol.	Price($)
52	1361737	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
19.5¢	1292734	13

View Market Depth

No.	Vol.	Price($)
2	7500	0.200
4	8082	0.195
62	2070355	0.190
87	2696325	0.185
96	3639250	0.180

Price($)	Vol.	No.
0.185	40000	1
0.190	37509	3
0.195	1100766	13
0.200	2045812	21
0.205	2778408	18

Last trade - 16.10pm 29/05/2024 (20 minute delay)


Last 19.3¢			Change 0.000 ( 1.16 %)
Open	High		Low	Volume
19.3¢	19.5¢		19.0¢	2385098
Last updated 15.59pm 29/05/2024 ?

ARU (ASX) Chart

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