AUZ 7.69% 1.2¢ australian mines limited

Ann: Long-form off-take agreement signed for Sconi Project, page-418

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  1. 3,842 Posts.
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    Aaron.
    Trump can do what he likes but Australia & Korean have nothing to do with Trump. At the end of the day we trade well with Korea they like our primary agricultural products and minerals.
    They like our beef & wine and already take our minerals. They know we can supply it and it’s free trade no tariff.
    They are a manufacturing country that requires goods to make their manufactured goods. At the end of the day they go to the supermarket and buy Australian beef and wine and go home just like us to their families.
    SKI play hard ball game but at the end of the day their small country doesn’t have the raw materials for their industry.
    We do and their neighboring countries are not being friends with them.
    So really it’s probably finally a done deal but we must await sign off.
    DRC is turning into a basket case and Nickel is rising again so they just formed a supply chain and remember 100% of Sconi is larger than the original term sheet. AUZ via the demo plant have refined process and increased output value. Also reduced Opex with the additional satellite resources the output will increase. Second to this we still have Sc available for a off take.
    The hidden gem Scandium has not shown its worth yet but will.
    I can see this being a 3.5 $ billion listed company @ $1.00 share.
    It’s not out of the chances to get there.
    Flemmington, reserve will be worth billions also once JORC is completed.
 
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