AUZ australian mines limited

Stevie you need to read the presentation and prospectus with an...

  1. 1,660 Posts.
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    Stevie you need to read the presentation and prospectus with an open mind - yes it would seem that the Dec finance is out the window - but there is certainly a strong indication that in its place they are in advanced discussions with LGE to become a partner and possibly inject funds into the venture. I would think it would be unlikely they would identify LGE in the manner they have in the presentation without LGE's consent.

    Page 2 - Offtake Agreement in Place with LG Energy Solution and in discussions regarding amendment and collaborative partnership
    Page 6 - Discussions underway with LGES about sulphate product and strategic collaborative partnership targeting 31 March 2023
    and
    Prospectus page 20 "receives at least A$2,500,000 (net of fees) under that collaboration agreement or by placement and/or entitlement offer by 31 March 2023."

    Where on earth did you get the $3 Billion figure come from? CFMEU payoff really ???

    By the way in that area it is more likely to have been a cattle property than a Goat farm
    Last edited by Koala1959: 22/11/22
 
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