AUZ 0.00% 0.9¢ australian mines limited

Ann: Solid state hydrogen storage metal hydride update, page-21

  1. 1,350 Posts.
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    Smart announcement by new CEO.

    Queensland government is very big on hydrogen at the moment and moving into the future.
    The premier is backing hydrogen in a big way.

    Andrew forrest Twiggy is going big on hydrogen and is spending $1 billion + in Queensland on his hydrogen project.

    Andrew forrest with his FMG and the Queensland government are backing green projects right now and Australian mines is a perfect fit for Queensland and Andrew Forrest.

    The Sconi project which is backed by the premier could fit into Andrew forrest plans moving into a green future.

    Andrew forrest only made $2 billion this year alone in dividends about $5 billion last three years so he is cashed up personally.

    He would be the guy to go after he would be impressed with Auz hydrogen studies and Sconi's world class nickel and cobalt battery material project.
    Auz have the deal with LG energy solutions which is worth couple billion first 6 years of offtake, just need the billion to build the plant and forrest has that in his back pocket.

    FMG should take over Auz, they could get Auz cheap 25 cents per share purchased with FMG shares.

    What's that roughly every 80 Auz shares you get one FMG share.

    might be the only way to see Sconi project get to production.
    Sounds like an easy deal, anyone got Twiggys number.
    https://hotcopper.com.au/data/attachments/4741/4741528-fa05fa2c467be1b0bb3009fe8fcc607f.jpg
    https://hotcopper.com.au/data/attachments/4741/4741531-58c977ed1f3d8001bb026950cfaca101.jpg
 
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