AUZ 6.67% 0.7¢ australian mines limited

Ann: Investor presentation, page-417

  1. 1,648 Posts.
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    I doubt they are waiting re BB /ASIC - he has no ongoing management involvement and the BOD/AUZ since settling are out of the picture.

    Re Holmes has it been established that the court case is ongoing? It was discussed some time ago; and I have not seen anything to suggest whether it is still ongoing or closed.

    We don't know why SKI walked away - it could have been their court case in the US but I think it most likely they reached a conclusion that AUZ were not going to get finance anytime soon and walked away after a number of extensions - their offtake unlike LGE's was conditional on a satisfactory DD.

    I can only speculate why LGE are still involved and what they are working through - I think it is probably related to the resource / project economics. Who knows perhaps the collaboration position being discussed involves attempting to firm up project finance before any announcement ( before anyone jumps on me I accept that is completely at the outer limits of plausibility).

    By suggesting LGE are siting on Sconi to keep competitors away does that imply you think that Sconi is a resource that will be attractive to potential partners? - that is certainly not the narrative many non holders have here
 
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