AUZ 11.1% 1.0¢ australian mines limited

Ann: Preliminary findings indicate additional mineralisation, page-49

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,215 Posts.
    lightbulb Created with Sketch. 951
    In short... that part of the timeline for financing review of documentation to allow the determination in financing of project by SKI and the financiers is happening now as a parallel process - rather than as a step post BFS. Ie: that determination to finance has already occurred. It really is just determining given its already economic and a "go" re mining and processing, where to best put things given how much they can see there is to dig up, and how good it is, to make sure the project makes as much money, as possible.

    Also, construction can't be delayed because Mercedes is holding SKI to deadlines which SK are now holding AUZ to re actually getting the Ni/Co out of the ground, into batteries, into their cars.

    So the results are good enough, to need to actually do the shuffle... given its confirmed as go as a project and they do need to hit their timelines.
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.