"... it was clarifed that SKI have not confirmed in writing they will find the CAPEx although it has been implied, they have only agreed to assist with funding."
True, and I am not promoting AUZ; but BB stated in his recent London 121 presentation that a comitment to fund was a "pre-requisite" for 100% take-off, which material fact has not disclosed officially at the time of the SKI take-off, and which statement was formally contradicted at the last resumption of trading.
So we have our choice: either go by the official news releases, or believe Mr. Bell's statements at
the investor conference. I tend to believe Mr. Bell, though this is problematic since it means that the official news releases cannot be relied upon. One or the other is untrue.
Review of ASX typical laterite and sulphide cobalt player's SS and PFS, page-153
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