I am quite surprised with the number of people that have given up.
Let's look at one simple fact, IS SCONI A SALABLE PROJECT/PRODUCT? THE ANSWER IS A BIG, YES!
It's obvious now that AUZ did not have the full effective team right from the beginning and their initial strategies did not work!
AUZ should have secured a recourse commitment from SKI right from the beginning! Not just a letter of comfort. The loose-ends kicked AUZ where it hurts at the crunch time.
I just hope AUZ has learnt enough not to repeat same mistakes. In fact, there's no room for a second failure. Because SCONI is a salable project -AUZ (IMO) will receive new offers from new off take partners in the first half of next year; hopefully AUZ can "sail through the headwinds" this time.
I reserve my judgement for another six months.....
Its been 'Fun'., page-22
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0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $7.069K | 988.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 11334814 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 981944 | 12 |
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| Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |