Did I miss something there? All I can see is ....
To the talk of funding, ARL has never needed to take on debt, is fully funded through to DFS & there are many entities worldwide who wish to get in to renewable energy related deposits.
ARAMCO alone will have up to US$50 billion to spend quite soon & have expressed a desire to diversify away from oil for the last few years.
Pension funds etc have been moving in to Aussie mining at higher levels than they normally do & locally we’ve educated ourselves as to the use of batteries in general with Tesla’s world’s biggest battery installation in Adelaide.
[URL]http://www.abc.net.au/news/rural/2017-05-15/investment-and-pension-funds-investing-in-australia-mining/8520556[/URL]
The only challenge with any evidence behind it regarding funding for us will be who to choose from when the time comes.
Pertinent market/industry news/articles, page-38
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $90.85M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 45.5¢ | $54.70K | 119.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65989 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 22000 | 1 |
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| Last trade - 15.46pm 19/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |