AUZ 0.00% 1.0¢ australian mines limited

London Presentation - 121 Mining Investment, page-80

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    lightbulb Created with Sketch. 64
    Is my assumption accurate????
    IMHO.
    BB said..
    BFS due end June.
    Cobalt production cost$12/lb LME $39/lb
    Nickel profit margin good.
    Therefore BFS should stack up pretty good.
    MEDEA is acting on our behalf
    That is preparing BFS ,negotiations for funding
    Sconi through SKI (less than 8 %interest)
    Plan B UK BANKS N INSTOS if rates are better.
    Will SKI change their decision 19,9% uptake?
    IMO NO......any good reason....nil/plenty.
    October /Nov. 2018 will show SKI willingness
    to front up $65,000,000 AUD.
    If SKI fulfills the OT agreement.
    Then we reasons to celebrate.???????
    That is my understanding!!!!
    Any other full details I will leave it to
    AUZ N the team.
    Feel free to add any reasonable comments .
 
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