AUZ 6.67% 0.7¢ australian mines limited

Samsung buys Congo cobalt, page-12

  1. 5,245 Posts.
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    not really...I'm sure Samsung would have been very keen to source from elsewhere, but it just shows the pressure the major players are under to try to secure supply, there are not many alternatives out there at the moment that are advanced far enough and that have all mining/gov permits in place and have a large enough 'proven' resource and that have not already entered in some sort of offtake agreements for part of their deposit...that's why SK jumped the gun and made the move with us, plenty of other big Co's where looking.

    Let's see what happens once Flemington's 1st few drill holes results come back later this year.

    Timing and strong FA is everything, with AUZ we have both.
    Last edited by unicrumba: 14/03/18
 
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