The thing is we do not know what went sour between AUZ &...

The thing is we do not know what went sour between AUZ & SKI....obviously, NAIF would have conditioned their offer (if at all was on the table & in what form) that SKI formally sign the offtake agreement, but did not happen. Why? was it because AUZ was not able to get approval on the full funding of the $1.3b or something else like not being able to negotiate an equitable profit margins?? Or, again something else...who knows...we won't know. We can speculate all we like however getting funding of $1.3b for an "emerging" small cap is no easy task.
I agree that the new Offtake Partner(s) must first put in some "hurt money" no less than $100m and AUZ must be prepared to offer good incentives. Like I said in my previous posts it must be a "win, win" for all, otherwise it won't work. IMOO pricing would have played a crucial role in what had happened between AUZ & SKI. AUZ wanted to sell its ore, SKI agreed to indicatively buy it, loan submitted to NAIF and DD finalised a while ago (if the loan had been declined, it would have been announced long ago). SKI also finalised DD - something intricate became "stalemate" resulting in what we may say the breaking-point, sadly, "the straw that broke the camel's back"?

I'd like to hear others' views of what went wrong....thanks.