Hi all,
It's a new month, and hopefully another bright one for AUZ. Going through the announcements it seems we have the following things to look forward to for December, according to the October London Presentation 31/10/17 and AGM Presentation 13/11/17.
Thackaringa
London Presentation states: "Testing of three high-priority cobalt target currently in progress (results to be announced in December 2017)".
AGM Presentation states: "Exploration program in progress, with results expected from December 2017".
Demonstration-scale processing plant
London Presentation: "First commercial battery grade products scheduled to be delivered in December 2017".
AGM Presentation: "First commercial battery grade products scheduled to be delivered in January 2018".
Off-takes
Website interview: “Talking to 9 potential off-take partners, spread through Asia, North America and Europe. These are continuing and have progressed very quickly and most of those will be subject to receiving a sample from our demonstration plant later in this year”.
Note also the London Presentation specifically states the following "Value Drivers" for December:
- First shipment of cobalt, nickel and scandium products to potential customers
- Release of assay results from Resource Expansion Drilling at Flemington
- Release of exploration results from Thackaringa: Testing of three high-priority cobalt target currently in progress (results to be announced in December 2017).
Side-notes
- There is an inconsistency in terms of the processing plant dates, and therefore I wonder whether the off-take partners will receive samples this year or not until January next year. Makes little difference to me, but worth noting.
- Thackaringa is nextdoor to COB which has recently had a rapid share price rise.
Good luck all AUZ holders
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