AUZ 0.00% 0.8¢ australian mines limited

Ann: Preliminary findings indicate additional mineralisation, page-321

  1. 913 Posts.
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    Hi,

    Did you read the below statement. ?

    "This adjusted timing of the BFS is not expected to have any effect on the construction date for the project given that both SK and the financial institutions engaged in negotiations with Australian Mines are imbedded in the Company’s current BFS process."

    SK are the ones under the pump with Mercedes, if they are not worried, why are you.

    Ben said that SK building 5 battery plants around the world, not 1, not 2, not 3, not 4 but 5 - wouldn't it be good to realise now that maybe Scone has 3-4 decades of mining life to pull out the material to supply more than one battery plant of SK....

    Anyway, I don't think your last statement to Ben is warranted, as management is made up of team of experienced heads in their field than just BB and they are not going to do anything to jeopardise the deal.....

    The timing of the release in Sept is still same time line as option uptake by SK of the 19.9%, so why you worried or disappointed. They didn't say next year, or 12months delay...than I would have also posted something like you, but 1-2 months in the grand scheme of things to extend mine life to maybe 3-4 decades - or supply more factories, thats GOLD.!!!

    Some companies BFS get delayed by 12months.....
 
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