Pertinent market/industry news/articles, page-2215

Further to my above comments.
I am one of the poor buggers that got caught in AUZ, I have sold most, but not all of my holding. (I accept full responsibility for this)

For those not knowing, How this relates possibly to ARL.
AUZ signed up SK Innovation for a binding memorandum on supply of battery materials. Offtake about 1.5 years ago.
This was later converted to a contract with a termination date that is from memory 27/09/2019 literally 10 days away, the contract allows SK to move on, unrestricted if a funding deal to build the plant is not achieved by AUZ management by the 27th.

The significance of this information is such that if this contract falls over, SK to my best understanding are precariously vulnerable to battery materials supply disruption when the going gets tough.
SK know they have to secure supply being owners of from memory of 1 fully operational GIGA factory and 2 GIGA factories being built. These battery manufacturing plants will need battery materials to supply, from memory VW, Daimler, BMW and a few more automotive brands that have big supply contracts in place.

Now If I was an executive of SK I would be looking around, not in precarious destinations like Philippines, Indonesia, PNG and DRC, Oh No.
1- I would be looking at places like Australia, in companies that have their SH&% together with a highly competent management team, literally ready to go.
2- I would be looking at companies that have 100% ownership and 100% free uncomplicated offtake available.
3- I would be looking at proven resources that DWARF other companies comparatively.
4- I would be looking at companies that are not only Laterite bodies but also potentially substantial sulfide ore bodies as well.
5- I would be looking at companies with fiscal (financial) discipline, that are not desperate and against the wall.

Which company in Australia potentially could fulfil the above-mentioned 5 points comfortably, Let me guess

I feel that AUZ management have had every possible opportunity to prove themselves and its now down to the wire
I would not blame SK for moving on quite honestly.

I am putting this to you because I am invested in AUZ and substantially in ARL, thus this post is relevant.
I am watching AUZ and have been for a long time now, trapped.
ARL could be a winner from this imo.

YOU NEVER KNOW
What do you think.
RED