Ann: AUZ secures funds to accelerate cobalt and nickel projects, page-216

TB I really don't care about everyone's theories on naïf funding. The fact is they have announced there is 50 mil for a company in qld (project).
its for somebody so I am keen to find out who it's for.

Now the question,is it Auz? We all have our ideas and thoughts on this. I believe it is a first initial payment 
for AUZ. That's my gut feeling. 

I really believe that when  this agreement is complete and signed  with SK, by end of march, funding is as good as done, along with naïf funding.
they already know bfs upgrade and lenders already know what this will be.
that 5 mill funding was very easy to get.

if I went to borrow funds to buy a house and told the bank I have secured tenants for 7 years, I'm sure the bank would throw the money at me.

same thing here and I believe this is the trigger to kick off many positive announcements. If the share price is not over 20 cents by Xmas I will be very surprised.


just my opinion and reading between the lines I see. Looking forward to cracking a nice bottle when the official announcement comes out that mine construction to commence.

without risk there is no reward.
have a good weekend all.