Based on latest LYC REO prices ARU's basket price for REO is $33,510 per tonne. Include the by-products and we're looking at around $40,000 per tonnne. That's $800million USD revenue at today's prices.
The current REO prices surely must be making it much easier for the financing. Wonder how much easier its going to be when we're looking at $50-60k per tonne (inc by-product) in a few month time.
Wonder what Pirra will do with all that money from the dividends?
reo pricing up to the sky, page-13
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $418.9M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $113.1K | 652.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 74781 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2731 | 2 |
View Market Depth
| Last trade - 15.59pm 03/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |