AUZ 0.00% 1.0¢ australian mines limited

Ann: Austrade critical minerals trade delegation presentation, page-44

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  1. 13,512 Posts.
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    On the face of it, this announcement looks modestly positive. Always good to network and build partnerships.

    However, its timing is rather telling, imo.

    Why would a company that has been negotiating with 9 tier 1 financial institutions for well over 12 months, with an outcome expected by now, and a major offtake partner for 18 months, which is now way overdue, need to travel overseas to meet financiers and offtakers?

    This is a very strong indicator, imo, that both the above negotiations are not going well. Hence the need to drum up more potential partners.
 
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