AUZ - chart, page-3916

Hi killfeather
Please don't see this as me "taking the ####", but I don't think you have to be a chartist or rocket scientist to see that we are heading for a re-rate. As per the input from follow posters that attended to AGM the news was very positive eg SK saying they would back a loan up to $700M, but AUZ wisely hedging their bets and also going to the market to check finance. The BFS which by all appearances is in the positive largely due to this already having significant infrastructure in place, the shipment of 160kg and 20kg of the two sulphates heading to Korea in mid June, not to be sampled but actually going into a battery manufacture, I keenly await the news release with pictures of a few tested batteries stating they are from AUZ material. The other tit bit I think from @ura_bull that they have state and federal gov backing. Hopefully in BFS this translates to concessions and hopefully R&D tax rebates from current testing and also rebates for the renewal energy supply to back up plant that BB has mentioned.
I dare say (hope) once they try the AUZ supplied materials in batteries they take up the share options, if not earlier. That would be a massive vote of confidence , if well within the 3 mths they are allowed after BFS.
Too much good news on the horizon that is pretty well known at this point. Other junior potentials don't have customers about to put their product into a battery or stating they have relevant Gov backings at the moment.