Geo, there is 1 big thing in AUZ's favour for SCONI. Existing rail,roads water ,port, comms,admin buildings ect. Using 5th gen HPAL.Infrastructure costs that will be lead to lower Capex than any explorer wanting to move into producing cobalt/ nickel sulphate by late 2020. There is a BFS delay but that happens with many companies. AUZ have produced quality approved cob/nick sulphate samples that exceed SK specifications. SK have a 7 year + 6 year option to supply Mercedes.That contractual timeframe aligns with SK/AUZ. SKI have started building their ev plants globally and the time frames align with the first year production from SCONI. Yes there is risk here but there is business risk with CLQ,ARL,COB,VIC,PGM etc
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0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 35 | 12355627 | 0.9¢ |
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| Price($) | Vol. | No. |
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| 1.0¢ | 2296946 | 4 |
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| AUZ (ASX) Chart |