AUZ 5.00% 1.0¢ australian mines limited

Ann: AUZ secures $12 million investment from US fund, page-53

  1. 5,243 Posts.
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    No, not at all...we needed money to move on with Flem, this will allow AUZ to continue to progress with Flem without any delays...2020 will be a turning point for this sector and AUZ knows time is of the essence.

    * now we can book drill contractor, get JORC done and present to potential suitors, either SK or others...remembering our Demoplant will be ready and waiting to process samples from Flem and send to potential buyers for testing.

    The money from the SKdeal is for Sconi.
 
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