Nice, this is good news all around with both AUZ and MLM getting good deals out of it, IMO I think its clear to see that AUZ has played its hand here and do want to go full out at Sconi as it has the potential to be a monster mine with significant revenue.
The next couple of months will determine which path AUZ will chose to go down, with the resource upgrade due in a couple of weeks for Flemington, AUZ will either chose to pursue further investigations or shop the site around mainly to CLQ. If they decide to sell Flemington then those funds will surely be used in the development of Sconi, if they don't sell then funds will need to be raised before there will be any offtake agreements.
Im of the opinion that they will most likely sell Flemington and develop Sconi, these are exciting times ahead its gonna be a cracking ride!
Ann: MLM: Sale of SCONI Project for $10 million, page-4
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