Confirmation of SKI help in funding, page-17

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Cyclone Steve

1,447 Posts.

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24/04/18

11:13

Post #: 32651431
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Originally posted by Nccc ↑

Sconi will be mined all long term holders know this. SK INNOVATIONS KNOW THIS. the main reason all long term holders know this is that SK need the cobalt for its new hungarian EV battery plant. the BATTERY plant is being built as we speak. SK want 100% of Sconi cobalt and all the nickel too.
ask yourself if you are in doubt about your investment one question.

if SK INNOVATIONS dosnt take Sconi Cobalt and pulls out of agreement WHERE ARE THEY GOING TO GET THE COBALT FROM? answer NO WHERE.

the mine will be built , finance will be arranged , autocalves will be made and hundreds of workers will be employed at Sconi. probably JD and a few others on HC. i might even come out of retirement myself.

the only impediment for share holders who buy at 9 cents to NOT triple their money is TIME.

at some stage this year AUZ will have a market cap between $500 million and 1 billion. This will happen , its not a ramp it will happen. i have seen never a major plant being built where the market cap of the stock is less than $500 million. PLS is the best example , its market cap is $1.6 billion and its exporting DSO lithium rich ore not highly processed Cobalt/Nickel Sulfate. after plant is built market cap will be between $1 billion and $2 billion. AJM has nice lithium deposit and its market cap is about $700 million. KDR HAS $700 million market cap and this is based on deposit alone. They are all awesome lithium deposits. AUZ has 3 awesome Cobalt deposits.

Sconi is the most advanced Cobalt play on the ASX by a country mile using tried and true processing techniques that have improved markedly over the last ten years. Deposit is close to ports and existing infrastructure WITH BINDING 100% OFF TAKE DEAL WITH 57TH WORLDS BIGGEST COMPANY.

i really can't believe why people worry about finance when we are partners with SK. finance is a certainty.

Cobalt and Nickel demand for EV's will grow rapidly during the next decade. The gasoline engine will be a relic in 30 years. It has to be car pollution is killing big city's and governments will out law them when they know there is a clean alternative.

AUZ has 3 deposits that will be mined for the next 30 years and the market cap is $238 million.

that's plan wrong and SP will rerate accordingly once BFS and finance is approved. like JD said who would sell 1 share under 9 cents. BUY OF THE CENTURY HERE.

cheers

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Nccc, Timelines for AUZ and SKI are critical from here. AUZ want timely,cost effective production& SKI need timely production.

* SK Innovation held a groundbreaking ceremony in Komárom, Hungary, to build a factory to produce batteries for electric vehicles (EV) with a capacity of 7.5 GWh per year
It aims to begin mass production of third-generation EV batteries in early 2020 (From SKI website)

AUZ Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
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