Ann: Trading Halt, page-335

SKI taking 100% should give investors confidence ? why ? demand is not in question, anyone that will mine and produce batter grade mineral next many years will find a market for a buyer.

issue is finance. how will they fund it ?

any equity will smash shareholders with dilution (not that it worries mgt as they haven't bought any shares ) , any equity will need security same with debt - what can be offered ? nothing . do you think SKI will pre pay hundreds and hundreds of millions of dollars to a spec company with no security. no chance.

auz will continue to burn cash , dilute shareholders and large companies such as SKI will eventually come to the party and set up a division to mine themselves. take control and justify the risk. buy out the grounds on the cheap in a few years time.