AUZ 6.25% 0.8¢ australian mines limited

Ann: Extension of LG Energy Solution Offtake Agreement, page-205

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    Like most of us, LG is likely impatiently waiting for the appointment of a new CFO.

    Les Guthrie became the interim CEO in May 2022 after Ben's quitting.

    According to Google the average time to replace a CFO in the market for mining companies is 4 to 7 months (as a guide).

    assuming the above comment, AUZ Board should start negotiating with LG to extend its Agreement from 31/12/22 to no less than 30/06/23.

    I hope Les does not try to be a hero thinking that he can "put this deal to bed" because I think it's bigger than him (all in my opinion).

    Once again, the AUZ board seems to be "dragging" its feet on the "creased carpet". I say this, because, clear/uniform/timely communication as always is lackluster.
 
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