AUZ 0.00% 0.8¢ australian mines limited

In my opinion the deal with NAIF (or with whom concerned...

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    In my opinion the deal with NAIF (or with whom concerned regarding funding) is already approved. NAIF would have had certain conditions which SK has to fulfill and I think it is these conditions now that is being carefully reviewed by SK. Why am I saying this? The announcement is very heavily on towards SK (it is now a matter of yes or no). The sooner SK can respond to those requirements from NAIF (that we're not privy to) the quicker the funding matter will be finalised. I am betting that funding from NAIF (ore equivalent) is nothing less than AUD$1 billion. Hopefully, SK will be able to handle NAIF's requirements. If this happens resolution is soon; if however SK pulls out then expect delays, how long? Your guess is as good as mine. I wish the best to AUZ, SK & NAIF and any other party involved. If they can interdependently make it a win, win for all parties involved; then it's a done deal - stay tuned-in.
 
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