AUZ 6.25% 1.5¢ australian mines limited

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  1. pc3
    2,302 Posts.
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    The beauty of the next run to .10c and I think blue sky's will be that the "majority" of the rise will stick. Because it will be on the back of company making news....funding in my opinion.

    Just my opinion, but LFA's are not signed without good reason. Yes there are a couple of "clauses" which enable SK to walk, but most all contracts in any sector will have similar "out" clauses.

    I don't think SK will walk, they did a huge amount of due diligence a couple of years ago and since then we have provided samples from a scale-able piloty plant that proves the process flow and exceeds their quality requirement, the resource has also increased from $5b to $13b, and will increase again once Flemington infill drilling has been completed.

    Ni LME levels are getting "stupid low" mines are being mothballed due to depletion or the fact they are in basket case African jurisdictions, and all the while we get closer to impending ICE bans coming into play along with the first of the 80x giga factory's being built coming online.
 
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