Private placement by insto n fundies is great, page-60

Bee & others long term shareholders - many thanks for all your supportive posts in the face of a lot of down ramping

A$15 million (inc the as it will undoubtably be oversubscribed) at A0.085 will IMHO open north of A$0.10

This takes away the concerns of a CR for the next 6 months by which time we should have the off take agreements and the DFS for Sconi done.

It re-confirms Sconi as the focus and flagship project and resource equivalent to CLQ Synerston (now Sunrise project). Now Tim Maclean COO now his feet well under the table in addition to focusing on the scaleable demonstration plant to get the samples out to the 9 prospective take-off customers will need to build his team as they build up the DFS/BFS for Sconi and the FEED and detailed implementation plans of the Sconi mine and plant.

It also enables them to speed up further drilling of Flemington to increase reserves further (open in all directions) and move more of the reserves up the probability categories. Although initially Flemington was planned as 2+ years behind Sconi - I have a feeling that given global Cobalt and Nickel Sulphate demand that AUZ will also be also planning to fast track Flemington. (The demand is there for all AUZ, CLQ and other for all cobalt and nickel sulphate they can produce especially for non DRC producers)

Plus Thackaringa - see COB chairmans letter - COB up 50% in last week capitalized now at 24million, AUZ Thackaringa tenements are also next door /virtually surround the COB tenements and I expect our AUZ initial tresults from the AUZ ariels survey and initial drilling due in Dec this year / Jan 2018 be as good as COB.

Look at the price of, cobalt sulphate, nickel sulphate and large flake /super flake graphite needed for the EV / Battery revolution, demand is continuing to rise rapidly as is price. The revolution is in relative infancy the for the major auto manufacturer they are just getting started their cars, vans trucks are designed and prototyped (they look great) and prices will rise as they start real mass production from their production lines/ plants from late 2018 / 2019 when Sconi is due to start production.

I have still not sold a share and don't intend to (I am crap at trading so gave up trading up long ago). Investing for me is simple. For AUZ ticks all the right boxes

- do you believe in the management to do the right think for ordinary shareholders yes - tick
- do they have a strategy and plan -yes - tick
- do they have a great product that is in demand and will be highly profitable .- yes -tick
- can they implement - yes - tick
- have they done it before - yes tick

All good news in my opinion 25 by 25 looks on track GLTA - magnums under the tree

PS - Blueskyblue - you were one of the biggest advocates of AUZ with really great and positive posts - what happened you seem to be little negative - are you out ?