https://wcsecure.weblink.com.au/pdf/ARU/02926853.pdf

My thoughts:

• This will be the first of the off take announcments to come in the next few weeks. They seem to be starting small and will build up?
• The terms are very very good for ARU. We have the Option to sell to Traxys. This shows the demand for ex-china NdPr.
• Also the CP for 31 Dec 2028 lets us know that construciton will be complete by then, and that means the FID will be beofre June 2025.

I'm super pumped for this. This is my largest holding ever. It has been a difficult hold. But as they say in mining, Finance It And They Will Come. Do they say that?

I can see the SP moving up with every annoucment now. There has been movement up in the last week. So we have a leaky ship. With so many particpants in this deal...always likely to be some leakage.

TIme to jump on the ARU rare earth rocket ship!

That being said....i would imagine the SP will only go to about 30-40 cents in the short term.

But as said in previous posts....lots of other macro issues will push this higher int he medium term too:

• Tariffs
• China bans
• War
• new demand form robotics and chanigng asset use in military (i will do a post on this later...).

Ask any questions you want. I'm happy to answer these.