Spot on, none of the bearish comments he has are making logical sense. The only claim with any merit is the question:
"Does the consortium want to progress and sign some form of binding partnership?"
If the answer is yes, any suggestion they would not facilitate this project happening after committing is laughable. They have the means to make it happen. True tier 1 partners in every sense of the phrase.
If the answer is no, then it's back to the search for another partner because ARL won't be raising the capex on it's own (barring some left field scenario where the aussie government actually thinks long term but who trusts that happening). This is obviously a bearish scenario.
We're awaiting the answer, some of us will be optimistic about it and others will be pessimistic but this is the reality, not these weird scenarios that go against every analyst prediction.
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $87.86M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 44.0¢ | $12.74K | 28.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15213 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 19504 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15213 | 0.440 |
2 | 26150 | 0.435 |
2 | 40000 | 0.430 |
1 | 1500 | 0.420 |
3 | 44390 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 19504 | 2 |
0.480 | 5000 | 1 |
0.485 | 15000 | 1 |
0.490 | 15000 | 1 |
0.500 | 25000 | 1 |
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