Its not about who has better Co Ni ratio or bigger resources or money in the bank..
Its all about who can produce good amount of Co, Ni sulphate asap with lower cost = high pressure acid leach, only 250km away from Townsville port (Syerston 400km away from the nearest port)
Also Sconi BFS is all about building a bigger plant and maximum output Scale
From the Annual Report
"Preliminary financial modelling for the Sconi Project completed in the June quarter of 2017 suggested the Project may support a larger operation than outlined in the PFS."
AUZ is the most advanced near term Co, Ni sulphate producer = Sconi + 10 fold upside potential.
Another post from blueskyone
Ann: Trading Halt, page-299
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