AUZ 7.69% 1.4¢ australian mines limited

Ann: Sconi Project Offtake Agreement with SK Innovation, page-356

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  1. 646 Posts.
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    for all the current holders, it is very unfortunate but hang in there. I believe that AUZ will eventually get the job done but have hit a road block. I got out after the last Ann because of the 'proposed' possible delays to April 2020 being implied in 1 Oct. I believe that AUZ got strung along by SKI. a possible reason is that SKI did not want any other company (competitor) to get their hands onto the product, hence, never made any financial commitment. this is the most advanced project in Australia despite what others might say. it got to crunch time and the pin was pulled. AUZ forced SKI's hand with a commitment letter and it never came. no doubt others are in line but will take a bit longer. I will be getting back in once the dust settles. there is much more to play out here regardless of those who believe otherwise... Australia will be a game player in the EV revolution and batteries will be the new oil. the current SP will eventually be a distant memory.... GLTAH... be patient.
 
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