AUZ 7.69% 1.2¢ australian mines limited

Ann: Sconi Off-take Update, page-55

  1. 314 Posts.
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    Well on the bright side the BFS instantly became better. Discount gone and now more revenue with same expenses. That means better NPV and IRR. May be that’s why they cancelled the option.

    May be SKI didn’t want to justify buying shares at 12 cents and prefer just lending money instead. May be they didn’t want AUZ in their accounts now or it’s just not their business to invest in mining companies. 

    Whatever the reason it’s all good for AUZ if they are still relying on us for battery raw materials.
 
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