AUZ 0.00% 1.3¢ australian mines limited

In essence you are right...Nobody wants to scale up on lithium...

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    In essence you are right...Nobody wants to scale up on lithium at these prices....This position applies to any resource where the economics don't stack up at any given point in time. If AUZ get their financing over the line and construction follows as per the current plan production will be ramping up for their products right when the market is calling for it IMO and that of plenty of forecasting analysts that know a lot more than me.....I think there might be more than one lender considering the risk to be feasible on a long term loan arrangement given the returns they are pulling out of other sectors at the moment globally. Having crude as the topic The Gorgon LNG development was gettting talked about in the early 1990s and didn't come about till 20 years later. Its no big deal.
    Last edited by ironlung: 16/09/19
 
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