The SKI comment is embarasing - shows very poor attention to...

The SKI comment is embarasing - shows very poor attention to detail for all involved - management and advisors.

Personally I will not be taking up my entitlement - for me I have sufficient capital at risk - - the options do not sufficiently offset the risk of a SP drop for me. I have a sizable proportion of my shares average below the 11.5c so I would be averaging up which in the current situation makes no sense for me.

The looming LG deadline is a worry in the event they do not extend I would expect a significant drop in the SP well below 11.5c.

i think at this stage there is a reasonable chance LG will extend but only with the belief that LG would have conducted a thorough due diligence and were satisfied with the project parameters in the first place to sign the offtake - but any extension I would expect will depend on the status of any funding negotiations and if AUZ can convince LG they are getting close to funding.