Hey pc3. I, like you, also think ("hope") SKI will exercise their option. They have a LOT at stake. No doubt they could source their Ni and Co elsewhere, but AUZ is a good proposition for them. On the downside, I thought the NPV and IRR were pretty ordinary. Honestly, I cannot see current sh stumping up with $300m or $400m. The dilution at 4cps or even 12cps is huge. And without SKI confirmation, this project looks dead (sorry people). SKI are gonna have to come to the party with much more than $80m - remembering we also have Flem to progress, which is not even a factor in the current sp. If not, what has the last 12 months been about? Getting pretty fed up with fake news from the company though - say something mean it otherwise don't make statements that make promises that can't be met. Cheers all, I'm off for a holiday (not paid for by AUZ I might add).
(20min delay)