Ann: Strategy Update, page-58

Gong, who actually is embarrassed?

The reality I see is AUZ have a binding offtake subject only to funding for all current projected production at market rates from a huge multinational Company and AUZ are attempting to get project funding off the back of that.

That is the current situation - so that is reality.

Now whether they have a hope of getting it - or no hope by the 30 June - that is pure speculation - based on assumptions and interpretations of what information has been released and the biases various people are applying to those assumptions and information - certainly not reality - just speculation on the eventual outcome.

I would expect any shareholders have made an assessment of the information available and what they perceive as the risk / reward - if funding is approved the reward is likely to be quite substantial given the current MC applied by the market which is clearly attributing a high level of risk that funding will not be forthcoming. If not there will almost certainly be a drop in SP the severity dependent on any announcement by AUZ / if LG extend their offtake funding condition

"I can't wait for the excuses if funding isnt attained it will be hilarious..." - Hopefully funding will get approved and you will have to get you "jollies" elsewhere and not at the expense of AUZ shareholders.