Excellent explanation there Gccc, as that gives it an tells it...

Excellent explanation there Gccc, as that gives it an tells it how it is but there are a couple of points I would like to raise they are,

First off why if Auz Mines are seeking Financiers for such a huge project why have they not revised those Capex figures and or released those new figures to the market and more importantly to shareholders if they are so intent on increasing value to the company and its Owners/Shareholders then one would think this would be a very important piece of news and one that could raise interest from the market not to mention the fact that the lower those costs are it would greatly improve the Company's chances of being Financed, but yet here we are some 5 months down the track and no Transparency forthcoming from the BoD.

The second point is the Company and indeed the BoD continue to reap huge rewards for their incompetence by way of free share loans and continued to increase Corporate spending at will, one would of thought it very important at this time to show restraint in those area's but this BoD have no intent on slowing down the huge corporate costs even though we have been restricted by travel throughout the Pandemic and therefore everything would be done by Skype or other media type outlets therefore reducing costs in this area and across the board but nothing only huge increases from this BoD which only pointd to a BoD wanting to siphon as much as they can from the Company whilst achieving very little and until the Finance is obtained or if it ever will be it sure looks bad for them give the BoD track record thus far.