The offtake provides for market price so that issue is covered.
AUZ need to progress this offtake and get finance - losing LG would be a huge issue for AUZ especially given the cash burn and funds in the back - this is AUZ's best chance - it doesn't get much better than what they have now - LG as an offtake party for all output scheduled to be produced, offtake at market prices, high prices, long term contract, everything in place to mine except the money and infrastructure.
They were never here to get anywhere with a funding proposal without an off-tape they have that now. LG offtake reset the playing field in terms of them progressing the mine with funding
I'm a long term holder but if they lose LG through non finance I would be out.
- Forums
- ASX - By Stock
- AUZ
- Ann: Sconi Owners Team Appointment
Ann: Sconi Owners Team Appointment, page-19
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $965 | 123.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 22282501 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 985192 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
43 | 21532499 | 0.007 |
22 | 13042557 | 0.006 |
10 | 3735000 | 0.005 |
6 | 3480000 | 0.004 |
3 | 12400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 985192 | 8 |
0.009 | 5303084 | 18 |
0.010 | 3518627 | 23 |
0.011 | 3081784 | 13 |
0.012 | 4766169 | 8 |
Last trade - 15.40pm 09/08/2024 (20 minute delay) ? |
Featured News
AUZ (ASX) Chart |