Ann: Quarterly Activities Report, page-16

They way I see it, AUZ builds the demonstration-size processing plant, produces resource samples, followed by negotiations with an end customer at a road show, which it is believed that it will be a European Car company. For the mean time, the price will do whatever it wants.The big play here is exciting but requires patience.
As stated in the quarterly, "Australian Mines’ Sconi Project is an analogue to Australian market leader Clean TeQ’s Syerston Project in terms of in-situ resource size and grade, geological and metallurgical characteristics."
The only difference is that they are in the product and have an end customer. Their share price is 70.5c as at 4/05/17. Once this plant has been constructed and samples being produced, it could be anytime we lock in a contract. What will happen to the share price? Time will tell.