I can't argue with what you have outlined in terms of Holmes and generally the challenges facing the company.
After reading the geological report I posted a link to some time ago I feel there is a high prospect of inmproving the resource identified and some of the past drilling by AUZ supports that prospect.
To answer your question about funding right now - no I do not think that it is presently possible (they have not up till now on the basis of the LGE offtake) and Holmes has basically admited that by his recent outlined strategy.
As a shareholder I feel if they can get a further stronger commitment from LGE then Holmes's strategy can be progressed - if not as I previously posted I believe AUZ will need to rethink as a company what their direction is - I would think it wise to put Sconi on the backburner and see what they can do with their other projects. I do not think shareholders / the market is going to be very supportive of continued fully focused attempts to advance Sconi if both SKI and LGE have pulled out.
AUZ Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
(20min delay)