AUZ 0.00% 1.0¢ australian mines limited

Ann: Sconi Owners Team Appointment, page-70

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    They have sufficient cash to get them past June 30 which is the LG deadline.

    I would imagine without a positive outcome in funding of the project / or something VERY strong and unambiguous concerning funding and LG's continued involvement AUZ if nothing in place by June would struggle to put together a convincing story to support a CR.

    If they lose LG I can't imagine any proposal that would see a CR supported at anything other than a massive discount and even then I think they would struggle.

    This is AUZ's chance - they have the LG offtake, high prices, demand for nickel etc - the pieces are there they just have to put them together.





 
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