Where are they Now!!!!!!!

AUZ ANN 6 November 2017

Fundamental to this global shift is access to a reliable supply of the key battery metals including cobalt and nickel. For that reason, Australian Mines Limited (“Australian Mines” or “the Company”) has attracted (and continues to attract) significant interest from battery makers as well as other international companies that operate in the energy and automotive sectors given the scale and advanced nature of the Company’s cobalt-nickel-scandium deposits.

This, in turn, has placed Australian Mines squarely on the radar at some of the world’s largest investment houses,most of whom are seeking to take positions in near-production cobalt-nickel operations. Given the significant interest in Australian Mines from institutional fund managers, the Company approached a number of these funds for the purposes of acquiring an interest in Australian Mines via the recently completed placement. The response from these funds was overwhelming, with the company receiving applications for almost $40 million for what was intended to be a $10 million placement. After consultation between the Australian Mines’ Board and the incoming investors, the Company accepted applications for $20 million, comprising 235,294,118 fully-paid ordinary shares at an issue price of $0.085 per share, which was the average price Australian Mines’ shares traded at over the past 5 days (known as the5-day VWAP). Argonaut and London-based Arlington Group Asset Management acted as joint lead managers for the placement. This placement was undertaken in accordance with Section 708 of the Corporations Act and Listing Rule 7.1 and 7.1A of the ASX Listing.(A total of 87,610,596 shares were issued under Listing Rule 7.1and 147,683,522 shares were issued under Listing Rule7.1A) Institutions that participated in this placement included a fund,which is arguably one of the world’s largest investment managers. A leading Asian-based resources investment company also used this opportunity to acquire a stake in Australian Mines2. The willingness for these global funds to invest in Australian Mines is seen by the Company as a strong endorsement of the quality of its projects, the development strategy being pursued of these assets, and the strength of the Company’s management team.

(So where are all these players now, what changed ? )




Price of cobalt is considerately different but this is a nickel play with cobalt credits.... also has scandium.....so where are all these big fancy players now......why aren't they knocking on the door??

Here's a similar Scandium Partnering to the last Ann....but this was two years ago.
2 November 2018

Australian Mines Limited(“Australian Mines” or “the Company”) (Australia ASX: AUZ; USA OTCQB: AMSLF; Frankfurt Stock Exchange: MJH) is pleased to announce its second major scandium research partnership, having agreed to collaborate with leading academic researchers at the Amrita Centre for Research and Development on work being conducted around the use of scandium in the next generation metal hydride batteries and hydrogen storage applications.
Australian Mines’ Managing Director, Benjamin Bell, commented: “Our partnership with the Amrita Centre has the potential to make a significant contribution to the scandium-magnesium alloys being considered as a high-performance alternative for the next generation of nickel metal hydride batteries.”“We also recognize the emerging economics around hydrogen as an alternative energy source to fossil fuels and believe metal hydride batteries could provide a storage solution for hydrogen, as they can be handled without extensive safety precautions, which is especially relevant when considering applications like hybrid and electric-powered trucks and heavy-haulage vehicles.”“Under the research agreement, Australian Mines will retain all intellectual property rights generated through the collaboration, regardless of where and by whom the relevant IP is created –potentially providing lasting value to the Company’s shareholders from the future commercialization of the applications subject to the research and development partnership.”
(Anything on this one yet Benjamin? I think that's three Partnerings now)

(Do we still employ Mr.Robinson the study manager?)
26March2018

Australian Mines’Managing Director Benjamin Bell commented: “I am pleased we continue to attract high quality candidates like Graeme to the Australian Mines team, as we expand our operations in what is shaping up to be a milestone year for the company.“I believe Graeme’s proven study and project management experience, particularly at Vale’s Goro mining operation in New Caledonia,which has a processing flowchart similar to that being proposed by Australian Mines, will be incredibly valuable to the Company in achieving key milestones at Sconi initially, then also delivering on the plan to significantly expand resources at Flemington ahead of the Pre-Feasibility Study.

(aimo and for discussion)