1) I believe (IMOO) AUZ does have a financing package but it sits idle until a suitable Off take is formally signed backed with "Meaningful Financial Support" acceptable to both AUZ and funder(s). The next six months will reveal a lot.
2) I believe SKI walked because perhaps full funding was not readily available in final moment and, also SKI not taking-up the earlier issuance of shares (about $80m worth) it lost privilege/advantage in purchasing price discounted ore. This would not have gone down well.
In short, somewhere along the path their communications broke down and neither side was able to amend it in a timely manner...as to why? I have no idea....but I think both sides behaved stubbornly instead of candidly/emphatically
1) I believe (IMOO) AUZ does have a financing package but it...
-
- There are more pages in this discussion • 401 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $7.069K | 988.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 11334814 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 981944 | 12 |
View Market Depth
| Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |