Ura_bull , this was discussed a few weeks ago. The company's who got caught up with Bergen really had no options left. No Money , No Assets to trade there way out.
AUZ SCONI: $5 Billion in ground value , more$$$ after resource drilling upgrade program.
Flemington : Already has a NPV of $255 million dollars from previous study(Generates after-tax cash flow to Australian Mines of A$677 million over the first 18 years of the project’s life) Ann dated 15th March 2017
Thackaringa: early days still worth XXX amount to some one like COB to expand their resource.
Clearly AUZ has the capacity to sell an asset to pay Bergen out.
AUZ Twitter re BFS, page-63
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