Mate this is the spec stock end of the market, if you put your money on prince of Penzance to win the Melbourne cup in 2015 your going to cheer for it during the race right, even know there are experts saying waste of money.
Auz could be a prince of Penzance?
I worried why new ceo is suggestion needs another 5 years after all original studies and tests with demo plant were for nickel and cobalt sulphate. The BFS was for sulphate. Samples produced were for sulphate and got the 99 % tick from companies.
Does new ceo want to drag a $500 k job out for 5 years. Easy retirement after that?
Auz has an offtake with LG energy that was supposed to be funded my June now December. LG wouldn't of signed anything if they thought they had zero chance of getting funding. Suggesting they need 5 more years all of a sudden seems crazy.
Why hasn't our peers got no funding or equity sponsors yet. There boards and ceo get paid more than Auz. One has the biggest nickel deposit and one has a billionaire on the board.
AUZ Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
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