AUZ 7.14% 1.3¢ australian mines limited

AUZ - SKI - Count Down Begins. 5days, page-609

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    "What circumstances have arisen that justify SKI walking away from the deal"

    It is hard to say - but will rest to a large part on the outcomes of their DD and their perception of the relative cost/benefits of alternate suppliers.

    The fact that the LFA has a definite termination clause suggests that there ARE potential circumstances that would make SKI walk away. We know what one of them is - failure of AUZ to raise 'legally binding' funding commitments for Sconi. As for others, we will just have to wait and see.
 
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