I am quite surprised with the number of people that have given up.
Let's look at one simple fact, IS SCONI A SALABLE PROJECT/PRODUCT? THE ANSWER IS A BIG, YES!
It's obvious now that AUZ did not have the full effective team right from the beginning and their initial strategies did not work!
AUZ should have secured a recourse commitment from SKI right from the beginning! Not just a letter of comfort. The loose-ends kicked AUZ where it hurts at the crunch time.
I just hope AUZ has learnt enough not to repeat same mistakes. In fact, there's no room for a second failure. Because SCONI is a salable project -AUZ (IMO) will receive new offers from new off take partners in the first half of next year; hopefully AUZ can "sail through the headwinds" this time.
I reserve my judgement for another six months.....
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21 | 7278885 | 0.006 |
17 | 9720398 | 0.005 |
7 | 4250000 | 0.004 |
3 | 3000000 | 0.003 |
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