Grade, page-38

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Hi Atmoic

It would be great to have some eye and ears on the ground over there. f you are looking for a longterm holding forget the small daily ups and downs of the SP as nothing moves in a straight line. Correct me if I am wrong but it sounds like you are more interested in the fundamental prospects of the company. When I started with this stock 18 months ago I must admit I bought the shares off a recommendation with very little knowledge, since then I have only benefited by doing my own research on the company and the stock and what potential influences the stock could be shifted by. IMO here are
a few of the major influences to look out for with this stock, and to other LT holders who are more knowledgeable than I please feel free to jump in if I miss anything

Fundamentally it ALL comes down to the sustainable profitability of the mine resource
Forgive me if this is too basic, but the influences to look out for here are:-

Mine info:
Drill results (amount of resource, quality of resource and accessibility or resource) -providing broad assumptions on mine potential
PFS study - (more detail on mine resources and potential costs and revenue)
BFS study - (much more accurate report of production estimates, opex ,capex to determine profitability of mine)

Resource Market pricing - Cobalt and Nickle London Metal Exchange pricing (simple supply and demand determinants, Lithium battery use will play a bit part here)

Offtake partners - quality of partners and agreement details is important here

To address each of these briefly relating to AUZ:

Sconi - Drill results and PFS completed waiting on BFS due in Q1 2018 - also note AUZ looks to expand Sconi project tenement area by up to 10 fold
Flemington - Sample drill results completed and expansion drill results due in Q1 2018 with PFS planned for Q2 2018 - also note AUZ has stated they believe they have the other half of the ore body shared with CLQs Syerston aka Sunrise project and CLQ's current Mcap is $800mil based off that one single resource
Thackaringa - Release of exploration results due in December and results from this will determine drilling
Offtake partners - Demonstration plant completion and samples sent to offtake partners due in Q1 2018 then fairly short lag time between that and offtake agreement decisions
Resource Market pricing - Projections from an overwhelming amount of metal and EV experts say that demand over atleast the next 5 - 10 years will far out way supply for both Nickle and Cobalt, driving metal prices upward

Most of these are looking very favourable for AUZ. Q1 2018 could prove an absolute game changer, IMO current SP is bargain buying!!!!