AUZ 11.1% 0.8¢ australian mines limited

Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-417

  1. 2,563 Posts.
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    Right now AUZ are trying to get financing or partners, big problem though they dont have enough lease to build a plant , this was probably one of the obstacles to financing, and an incredibly rookie mistake

    compare to peer who has predrilled multiple potential sites and uncovered a stand alone commercial REE deposit , shows two very different levels of expertise

    so with so little leasehold AUZ has no room for a plant ( can be confirmed by their own Qtr statement) how do you intend they will expand to 50 year life cycle

    If they where sitting on largely unexplored open lease then yes good possibility

    not investment advice all my opinions
 
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