Sadly the ability to do what’s envisioned is more important than being able to tick the right boxes- the boxes that excite and entice the retailers who here at AUZ have them been thoroughly cleaned out.
Lithium is under increasing pressure which I believe will only increase from here on as the oil majors are now talking about producing it from their existing operations. It’s now worth around the same as ( or less than? ), nickel. Nickel. A mineral which doesn’t have oil majors sitting on it & whose surplus is projected to dwindle evaporate over the next 18-24 mths.
I don’t think AUZ’s hydrogen tech will bear any fruit as far bigger players are already building out the infrastructure.
One of those pesky posters who correctly foresaw events here also spoke of both of those coming, over a year ago.
To be clear- those that have the most recent and intimate knowledge of Sconi are at best putting it on the ‘not important enough’ list & those that most likely have the most recent & most intimate knowledge ( the neighbour BGE ), of the new lithium ground didn’t buy it when it was obviously up for sale even at the cost of roughly $750,000 USD.. an entity which another poster has helped out by telling us is worth $250,000. That’s roughly .3% of what they are worth.
That’s like me having $100 in my pocket and saying no to a 30 cent deal, right next door to my existing operations.
I’d say the most appropriate stock code for the new tenements would be ATM ( Aussie for cash machine to our foreign freinds who don’t get it ). Sadly my jokes like that are generally based on something I think is actually true.
Falling in the day a ticket to a new world is announced? That’s a huge red flag.
Fajita, tequila, mamacita and la buena loca is all I see coming out of here for the next 5-10 years.
For the Board only, of course as we’ve just been reminded- yet again- that the retail investor is the last person they think about as they weren’t even given a chance to grab some shares at the 24~% discount.
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