AUZ
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0.00% 0.7¢ australian mines limited

Ann: Sconi Off-take Update, page-13

  1. ura_bull
    7,245 Posts.
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    21/02/19
    08:37
    Post #: 37509845
    The binding offtake is still on track and on the table until at least Sept.

    This is as I expected, I now expect that a new deal will be worked out and put to SHs in due course. My main concern is around the balance sheet - an announcement on where funds are coming from (and I assume the board have a viable plan already) will be required pretty damn quickly to avoid further erosion of the SP.
    AUZ Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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