Ann: BFS supports strong commercial case for developing Sconi, page-597

Wow........same tripe again ! Its not about the share price, it is more about the 80m that is required to order long lead items and get the show rolling to commence construction. They gain 19.99% of the company and a place on the board as quasi insurance for there global battery plant investments.

All AUZ is for them is a piece of the jigsaw relative to their whole investment nothing more nothing less, albeit an important piece. Its not so much about the share price but the initial funds required to get construction underway and having one of their own on the board.

They cant go out and buy on market...not how it's done, reality is if even they could do that the sp would finish up WELL north of .12c.

Management .116c
SK .12c

They are not concerned about the sp and deviant down rampers, this deal that SK are brokering with AUZ is simply one of many cogs in their global battery supply aspirations.

Securing the raw materials is more important than the 80m...which is simply chicken feed for SK, than having the battery factory's offline because of raw material supply problems or their products are seen as "on the nose" and wanted because of the ethical issues that DRC Co has have wider financial implications than worrying about the .12c AUZ buy in and the current difference with the sp on market.

How simple are people here, or how deviant, 1B aprox...not a big deal in this day and age for a massive project that will last a minimum of 20 years aprox. In fact given the time value of money it will be cheap even a decade down the track.

And the metrics will keep getting better...in my opinion.