Butt covering, yes, but we are not privy to new technology that may be available to the AUZ/SKI partnership also SKI have the financial clout to overcome 'significant amount of capital issues'. In other words as an argument it's a a non-starter!
At least give AUZ the kudos for making what could be a momentous deal the likes of which Metallica may not have been able to pull off. It's not all black and white. It just confirms the importance of a BOD that is prepared to go out into the market and seize the day.
IJM
News/Research articles, page-213
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