AUZ 7.69% 1.2¢ australian mines limited

RIP Real stock discussion for AUZ, page-186

  1. 675 Posts.
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    At the AGM -

    It was explicitly stated that all whom have shown financial interest over the last two years are still available to the BOD and the BOD are still meeting with those interested parties once a month to satisfy their prerequisites to funding. This includes meeting with the minister for NAIF as required. The BOD stated a committed partner is what is required now. A contribution from a committed partner is a stumbling block in the overall financial package. It was described by members of BOD that they knew where all the "pieces" of financing would/could come from and that they had pushed AUZ down this path with SKI - obviously to avoid further delays. I was left in no doubt as to the only "piece" of the puzzle missing and I am sure this has been stated in an announcement.

    Nothing untoward was announced but all questions were answered in as much detail as the BOD could legally provide. Most if not all of this information is in announcements over the last two years - nothing has changed - ONLY SKI. I will not be providing these announcements for those that ask me to do so, I don't read/use HC often enough to get involved in these shitfights anymore. DYOR.

    Whether you will find any of this recorded in the minutes I am not sure, I cant recall many lines of questioning on the future of AUZ. The official meeting revolved around a "historical" line of questioning IMO rather than ascertaining where the company currently stand with a new OT/LFA and potential financiers. GLTA

    * @Tony barber
    Last edited by hookyonezero: 05/01/20
 
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