Ann: BFS supports strong commercial case for developing Sconi, page-840

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Jd2308

2,889 Posts.

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29/11/18

07:58

Post #: 36680869
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Originally posted by rusty02 ↑

"Not best deposit on the market"

Proven purity above the benchmarks recommend by the customer. Who cares what Mr Market thinks

"Drill results are not from the entire amount"

Do you do any kind of research. I'll spoon feed you for this once.
Both assays updates ANNed show Av depth of 11m and 19m repectively of a high grade indicated only. These are opened at depth and along strike. Please read the full assay reports.
Grades are 0.88% and 1.1% nickel respectively
Lucknow showing a indicated seam of 7.2m at a cobalt grade of 0.216%
This is from all ID ANNed NOT picking the better results. These results showing uniformity throughout the seam aligning to a world class deposit.

"What has SKI given you, they are not our partners".

SKI have provided their engineers and expertise to optimise and prove conclusively that Simulus plant in WA produces battery grade NiSo4 and CoSo4 to above SKI benchmarks. SKI appetite for sulphides is massive and IMHO our partnership will strengthin with the iminent option take up soon. SKI and AUZ have gone to great lengths to provide to the markets their intentions for a 13 year partnership and IMHO this will be extended both in LOM and to other AUZ leases.

"If SKI dosent help you build this thing"

Well hello, come in spinner. What a partner to have with a wealth of knowledge, capital backing, understanding of world macro EV and ES enviroment and systems now looking at perfecting a Gen 5 HPAL plant flowsheet to "as installs"

"All AUZ have done is given their resource away with no upfront payment"

Not sure where your coming from here. Thought bubble gone wrong me thinks, AUZ have now ANN a possible pre purchase plan. Wouldn't you think this was one of the main discussions between SKI and AUZ before this news went to air. In relation to the resource, I have calculated a possible doubling of the indicated measured reserve. These reserves are still at Sconi, no one has given anything away...Oh you might be aluding to the samplings. Regardless of what fiscal exchange there has been between Management for these samplings for SKI and even ARL treatment ore, dont you think the knowledge, understanding technical, met results, understanding and working on a holistic partnership and proving a bombproof flowsheet for production for a possible 20 year to service our partners appetite an intelligent move....yes.

Not sure the reason of your post, not a sher I see but if you are here on the AUZ threads to invest I would be more than happy to guide you through drilling results and how these results will impact on the revised BFS due in April inpacting on IRR and payback. NPV from 1.3ml to above 2bn IMHO.
Finally corporate office relocated to Riverside Brisbane........join the dots..........imagine the corporate expertise SKI will bring to this parnership.
Cheers an d GL.

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Rusty... excellent post... at least your understanding is of technicals and facts.. well done, again drop a line in today and let them little critters go into a feeding frenzy.

JD.

AUZ Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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