AUZ 6.25% 0.8¢ australian mines limited

I say to all - remain hopeful.It's obvious things are...

  1. 176 Posts.
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    I say to all - remain hopeful.
    It's obvious things are progressing but slowly.
    The recent announcement to extract minerals agreement with the department of defence is proof that AUZ is still on the move.

    We must remember that Off takers and financing a mega project like SCONI is cumbursome and very time consuming.
    I am feeling good that all will be finalised for the better in 2021.

    SKI was the "wrong" Off taker "partner" obviously SKI did not or was not able to provide sufficient backing to AUZ so that the funder(s) can get comfortable to approve the project funding. But this mishap ended costing us all circa three+ years - the "root" of our frustrations.

    I'd like to think that most of us believe that SCONI is a worthwhile project to fight for.
    Let's hope our AUZ "generals" can manouvre their way to success. We must at least give them the benefit of doubt for a little while longer.

    Do not be surprised if in the end AUZ announces multiple Offtakers with multiple project funders; this makes more sense to me (AIMO).

    Enjoy your festive Season safely and move into 2021 with enhusiasm and confidence.
    Remember "patience is a virtue".....
 
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