AUZ 0.00% 1.3¢ australian mines limited

Everyone should read this section of BB response in November....

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    Everyone should read this section of BB response in November.

    "However, AUZ would rather wait until we have the final data that has been subject to the appropriate levels of QA / QC processes before reporting the results to the market. After all, it would be awful if one of the ‘targets’ on the raw data provide to be a survey artefact rather than being a real target. As a geophysicist I have seen quite a number of ‘targets’ end up being metal sheds or scrap yards because a company relied on the raw data rather than the corrected final data."

    and

    "We are almost being approached by companies regarding a potential off-take discussion. The issue becomes sorting through the serious ones from the tyre-kickers.
    If I entered into discussions with everyone who expressed an interest in Sconi, I would probably have 20 discussions underway at the moment. But it’s better to focus on the best 9 or 10 potential partners, which is the strategy adopted by AUZ. I remain confident that we will get some of these across the line. These are multi-billion dollar deals so they will take some time to complete. Safe to say, though, that they are progressing."
 
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