AUZ 7.69% 1.2¢ australian mines limited

Ann: AUZ secures funds to accelerate cobalt and nickel projects, page-146

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  1. 446 Posts.
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    No one suggested it needed to be multi millions of dollars. Given the work and effort put in with the demo plant etc and them being a partner? I would have thought 5 to 10 million would have been more than reasonable for a Co the size of SK and the size of the prize they are eyeing off. Even as small amount as mentioned would have shown they were serious and saved Auz from mass dilution from Bergen and now this latest raise at 0.029! That’s what my idea of a partner the size of them would be and the expectation I’d have on someone doing this deal.
 
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