Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-146

Auz holders the dream is still alive.

MHP production is a lot cheaper than sulphates.

Hopefully the new BFS coming out any day will have our MHP processing plant under $1 billion Australian dollars.

We have a 100 % off take agreement with the best battery producer in the world and the second biggest by production.
They want and need our Highly rated ESG rated Nickel and cobalt MHP for there USA market. They will use the less rated ESG standard for Asian countries from Indonesia.

ESG rating is a huge deal for European and USA markets they want Australia's clean ethically produced materials over Indonesia it will happen.

Auz obviously find it hard to get $1 billion been a small fish, same as our peers here.

It is a no brainer for a BHP to come on board. Sell them half the company for $50 million.
They have the facilities to borrow $1 billion over the weekend.

With an offtake for 100% of the product the $1 billion dollar loan will be paid off in 6 years. exactly the time frame for the offtake. if the option for another 5 years is taken it's all profit for Sconi after that.

The $50 million investment to acquire half the company for equity partner will be worth in the neighbour hood of $1 billion after 6 years.
Auz would have a market cap of at least $ 2 billion after loan paid off.

Iam no one to take financial advice from Iam a big dumb 6'7 125 kg bloke who digs holes for irrigation with a shovel all day on 50 k.

But even I think I could get this deal over the line.

It is a no brainer for a big company to come on board with the way the world is going. Especially after USA went green this week and are scrambling for raw battery materials .

What are guys on $400 k and $1600 a day doing, I would do it for 50k throw in my shovel and get the job done.

only my opinion
DYOR
all good things come to those who wait
go Auz
Do it for the future of Australia.