Ann: AUZ secures funds to accelerate cobalt and nickel projects, page-110

Yes that is the problem SKI have all the options but no money involved
auz just completed a cash raise at 2.9c without involving long term holders...would you have taken up any shares if offered at that price?... I may have as I have more than once made it clear I am looking for 2.8c as a realistic price to have a crack...
SKI have put no money in therefore they have no financial commitment until auz has finance for the mine as per the term sheet
if that commitment wasn't there and auz was producing or will be given the way most people on this thread see the need for these products in the future it wouldn't be a problem because it would get gobbled up on the open market...aus get no premium in this deal but they can only sell to SKI