AUZ 11.1% 1.0¢ australian mines limited

Recycling picking up, page-170

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    With the CAPEX now and what I expect post the revision (when is that due?), there will be little to no appetite to pursue this thought bubble. It's marketing fluff in my opinion. Similarly for the scandium hoopla - in my opinion. Don't get me started on the platinum rhetoric.

    I'm on record on the neighbour's forum saying that I think the final capital cost will be roughly 20% higher than the DFS capital cost - that margin is pretty common. That's a price tag of US$1.8B. I just can't see that being palatable to financiers. Add on to that the massive technology risk associated with being the first commercial operation to trial Ni/Co RIP and my doubts are even stronger. I wish you luck.
 
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