Arafura - General Discussion

[SJVR]

My thoughts are they placed it 60 days away from today so that there is a buffer to announce the leftover equity piece and offtakes before the 11th May (minimum 30 days) latest notice date so they can bundle all the equity approvals from shareholders on the 8th June date.

I don’t think we shareholders approve FID, the board do. We approve the equity which allows the FID.

 

[patarnoster]

My thoughts are they placed it 60 days away from today so that there is a buffer to announce the leftover equity piece and offtakes before the 11th May (minimum 30 days) latest notice date so they can bundle all the equity approvals from shareholders on the 8th June date.

I don’t think we shareholders approve FID, the board do. We approve the equity which allows the FID.

That’s right, what I mean is there is no fid without vote for the shares, but the board calls fid way earlier. We’re in the window now for oftakes and then board calling fid

 

[John]

It has to be done by 30 June otherwise CEO doesn't get some of his performance shares.

Lets hope it is finally done...and we can move on to:
- Construction Milestones
- Commisioning
- Phase 2
- HREE
- EXIM and that US$300
- Some tolling contracts
- Some acquisitions
- Some presales of spot product