Auz was the leader in this space.
They were first to build demo plant.
They wanted to change the way Australian companies did business and wanted to become chemical producers. Not just ship ore to China.
They were first to make battery grade sulphides and precursor material all in house.
The other peer always argue about size of reserve and grade. However you got a competitor down the road from Auz that looks like will get fully funded to build a processing plant and they don't even have a mine.
This SP is garbage and market cap of $21 million.
Where is the CEO. He was supposed to bring value to shareholders.
Auz needs answered and fast.
This has had a minus 40 bagger.
A company that was able to build its own battery materials in house that both got the tick of approval from Sk and LGE.
LGE a $100 billion company signed and offtake with Auz and didn't need any further due diligence because Auz ticked all its boxes???
Auz what is going on?
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Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-271
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