AUZ 14.3% 0.8¢ australian mines limited

Ann: Suspension from Official Quotation, page-143

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    see below....this was in March...

    BB: We significantly progressed work on calculating CAPEX and OPEX numbers for Sconi in the December and March quarters, but the final cost numbers to build and operate the project will not be finalised until the BFS in completed in June, as we are currently undertaking an optimisation review on the proposed mining and processing operation with input from SK Innovation to ensure the project is set up right to efficiently and consistently deliver into our binding sale and purchase contracts.
    The good news on that front is that SK Innovation is committed to assist in the development, construction and/or financing of the cobalt-nickel-scandium processing plant at Sconi subject to the outcome of the BFS and we have engaged Medea Capital in UK to continue to assist with the project financing process, including discussions with international banks and bond issuing companies.
 
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