AUZ 7.69% 1.2¢ australian mines limited

Ann: Sconi Off-take Update, page-162

  1. 115 Posts.
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    a good question too !

    not sure if the 900 odd million can be secured via debt funding ..normally a 20- 40 % equity play would be required by the lending institutions. 
    If that number amounts to say 200 mio, the equity options for AUZ are :
    NAIF
    SKI
    Rights 
    Pvt Equity 

    The company would certainly prefer either institutional or strategic equity partners ,, SKI would fall in the latter category.

    If I do recall correctly, SKI did maintain the equity option but on the condition that funding was finalised. That milestone may well be the April event .

    warm regards , Fred 
    Last edited by freddabull: 21/02/19
 
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