AUZ 0.00% 1.3¢ australian mines limited

Ann: Sconi Project Offtake Agreement with SK Innovation, page-99

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  1. 202 Posts.
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    Remember. Prepayments reduce equity injections and hence reduces dilution !

    Secures fixed rate pricing for SKI .

    So a Win Win approach.

    BUT AUZ should be committed to walk away on Oct 31st if SKI continues to play shy .. AUZ must realise that it now commands a driving position .

    I hope and pray that we have other suitors that can replace SKI this year if SKI refuses to commit.

    This will be a good outcome frankly. I would not be unhappy to see the back of SKI .
 
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