Ann: Quarterly Cashflow Report, page-22

It wouldn’t be a surprise to see that as we can now consider that any potential partner who is being squeezed thanks to the September deadline will very likely ask one simple and very reasonable question:

’Hello AUZ. Do you even have enough money to keep the lights on for the next year?’

After all one year seems short when you have a 5, 10 or possible even 20 year game plan.

Arbitrary dates have never been AUZ’s friend and I don’t see any reason why that would change now. Tesla? Pfft. That tweet was aimed primarily at those currently producing.

So! It’s either a CR sooner than even we ‘baddies’ thought or very likely an off take which will see AUZ hand over more equity in the tenements than the current holders would like ( potential partner might say ‘hey- seeing as you only have money for a year or less we need equity in case we need to bail you out’ ).

This isn’t to say such a deal wouldn’t reward current holders, just not as much as some are imagining- but then again there is always BB’s most utilised option when it comes to these critical junctures. Failure to meet the deadline.

Best of luck to all decent holders.

@unicrumba : mate the sun will stop shining someday too. Sconi most likely will be mind someday before that, but does that timeframe benefit an investor with only one life time up their sleeve? Some have been stuck in this for over 15 years already!