AUZ 5.00% 1.1¢ australian mines limited

Ann: Quarterly Cashflow Report, page-134

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  1. 5,245 Posts.
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    ..."given SK have 3 mths to take up"...
    one has to decide how they see this unfolding...IMO SK will not wait 3 months, they have decided to partner up with AUZ and they would have had access to enough data on SCONI b4 they made that decision. The whole point in them taking 20% is that this will allow ordering of long lead items, this is absolutely crucial and both parties are well aware, therefore the only real risk AM is BFS blowing out of proportion...and if that where the case, SK would know by now and would have moved on...I am betting on deal going ahead, everything known so far leads towards this outcome.
 
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