AUZ 7.14% 1.3¢ australian mines limited

That post is completely wrong. The goal posts did NOT move 1...

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  1. 6,618 Posts.
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    That post is completely wrong.
    The goal posts did NOT move 1 year.

    If you want to argue they moved out 7 weeks then fair enough.
    AUZ need the 80 mil to order long lead time items.

    There was no way they were getting funding by the end of December considering Marcus started in early December.

    It's amazing that in one post people suggest that obtaining funding of $1 bil will be difficult and then in the next post expect AUZ to just click their fingers and get it.

    The issue here in my opinion is that AUZ have wanted to utilise the balance sheet of SKI to assist with obtaining finance.
    So if SKI don't cough up the $80 mil then I'm sure it will place pressure on that aspect of the project.
    And if SKI don't cough up the $80 mil it will indeed delay the project by 8 months as we can't order the long lead time items.

    So the balls in their court in that regard.
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