AUZ 0.00% 1.0¢ australian mines limited

I am quite surprised with the number of people that have given...

  1. 176 Posts.
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    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.....

 
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