AUZ 0.00% 0.7¢ australian mines limited

Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-867

  1. 519 Posts.
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    Put it bluntly they actually don't need anything as yet the start of the EV take up has been slowed down immensely by the Pandemic and the Fruit Loops playing war games plus the world wide economy's in free fall are telling enough not to mention how tight it is financially so with all that in mind and the fact that MH has been handed the reigns to a pigsty would clearly show any other business whether that be a multi billion dollar company or the local 7 Eleven store that if you can acquire something for nothing an hold it until the crunch time comes then why wouldn't you... LG have been proactive in setting up partnerships with company's that have great business acumen, dies Australian Mines have that? so imo they don't need to do anything with Auz until it's absolutely necessary.

    Also I will say this again maybe some still have trouble with the most important aspect of the General Meeting when this question was put to both Ramsden and Marinelli which was "have Auz anybody else interested in the Sconi if LG walk away" they both looked at each other sheepishly and then Marinelli stated we have plenty knocking our doors down, well what a load of pigshet, anyone with any business sense would be saying to LG hey boys best you jump onboard because we have x y and z companies waiting in the wings, so force the issue to secure the Sconi Project why hasn't this happened because it was bsheet nothing more.

    LG would know how desperate Auz Mines and therefore the lower the company gets the more it plays into the hands of those waiting Auz cannot move unless the cut the ties and that's not about to happen given were there at. Big business is ruthless and LG is no different if they can sit on a cost nothing deal they will why because it costs nothing to sit and hold.







 
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