AUZ 0.00% 0.9¢ australian mines limited

Ann: Binding offtake agreement signed with LG Energy Solution, page-1332

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    You aren't even looking at the AUD$
    Sometimes you have to look back before looking forward.

    This from the 2018 BFS (yes 2018)
    I wasn't looking to add the first paragraph, but couldn't help myself.

    • Construction of the Project would create up to 500 jobs from 2019 to 2021, followed by more than 300 full time positions once the mine, processing plant and associated infrastructure are in steady-state operation

    • Project economics published in BFS use a long-term forecast commodity prices for nickel (US$7 per pound2), cobalt (US$30 per pound) and scandium (US$1,000 kilogram), as well as an AUD to USD exchange rate of US$0.71 : A$1.00
 
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