Thanks guys for sharing Your opinion. Really appreciate it. At least we should know now that equity raising is coming but how much etc will find out in the future.
My honest opinion is that I dont feel we getting equal value from this project with Consortium. I think they benefit more. 100mil for DFS and then loan for project.
They still have technical expertise, experience and knowledge how to mine it, but expecting bit more financial support, which they'd get back later. But like the squash mentioned then its open ended and we dont have enough information. Lets wait and find out. We still dont know what would be government grants or support.
I did put some numbers and expectations together yesterday for future assumptions so I'll share later today when get back home
ARL Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
(20min delay)