AUZ 7.69% 1.2¢ australian mines limited

Ann: Sconi Off-take Update, page-320

  1. 94 Posts.
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    Financially there has been a bit of mucking around, but SKs long term position hasn't changed as far as the market knows? No option uptake but they were never guaranteed 12months ago anyway.

    With Nickel on the rise again i'm not too hung up on cobalt at the minute. It should hopefully act as the catalyst for SKI, proving that these minerals will indeed be harder/more expensive to come by in a couple of years.

    Its glass half full for me, trying not to read too much into the smaller details and waiting for the bigger ones to fall into place and at these levels I view it as an absolute steal. I won't have enough cash to double down but I will definitely be making another entry soon, hopefully I beat the train of good announcements on their way
 
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