AUZ 6.67% 0.8¢ australian mines limited

My take?If Metallica saw any real value in Sconi they would not...

  1. 4,825 Posts.
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    My take?

    If Metallica saw any real value in Sconi they would not have sold it during the last cobalt panic.
    If AUZ saw any value in Sconi they would never stop drilling.
    If LGES saw any real value in AUZ they would have put up money- because if the industry saw any value in Sconi there would have been a competitive bidding process which would have produced more than $0 for the offtake.
    The sophs won’t buy in without at least a 20% discount.

    See the running theme? At far as I can tell, no one is willing to put any real money or effort in to the projects, they only work to sell a story to the retail market.


 
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