AUZ 0.00% 0.8¢ australian mines limited

Ann: Full Year Statutory Accounts, page-2

  1. 2,060 Posts.
    lightbulb Created with Sketch. 312
    Strategic direction and Collaborative Partner

    Australian Mines made the strategic decision following a technical and financial review to develop the Sconi Project to produce battery grade
    nickel sulphate, cobalt sulphate and scandium oxide. The strategic direction was to maximise value of the project, return for shareholders
    and provide a clear line-of-sight to construction. Discussions were undertaken with offtake partners LG Energy Solution (LGES) regarding
    this direction and the desire to transition the agreement to a strategic collaborative partnership which would provide assistance to the
    company as it progresses the project to Final Investment Decision (FID). The Company will update the market in due course with respect
    to such amendments and collaboration if they are finalised
    .

    https://wcsecure.weblink.com.au/pdf/AUZ/02717255.pdf

    I see these discussions with LG Energy to have been in the past.

    1. Does that mean there no longer are discussions with LG Energy?
    2. And if 'such amendments and collaboration' are not finalised AUZ will never tell us?

    All in my opinion and not investment advice.

    Do your own research.



 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $36.10K 4.490M

Buyers (Bids)

No. Vol. Price($)
28 13679998 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 3385438 10
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.