IMHO CLQ has a great orebody while AUZ's is mediocre there isn't any comparison tbh.
If AUZ raised 150m they will need to issue 1.3b shares that's a lot!! They will need to do a 10:1 consolidation at some stage maybe before they raise. I much prefer CLQ better orebody, less shares on issue, lots of cash and highly experienced and connected management.
Ann: Successful completion of $150m underwritten placement, page-59
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