AUZ 12.5% 0.7¢ australian mines limited

At the close., page-130

  1. 5,245 Posts.
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    ..."that it is obviously in SKI's best interest to make sure we pass all those 3 hurdles: meet spec, BFS & finance because it is such a mission critical supply for them. They are pinning a huge amount of their future growth onto AUZ to get plenty of Co and Ni at a good price"...

    Absolutely...SK has committed to building a new Battery Plant in Europe, they will need raw material supplies secured for that Plant...we could not have asked for a better partner, SK is willing (out of self-interest) and able to assist us to become a producer in the shortest possible time.

    There are obviously still numerous risks along the way, but our odds have improved significantly and SK would have had a very good look at all aspects of our Sconi Project and they must have come to the same conclusion, the odds are very good, lets back these guys
 
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