AUZ 7.69% 1.2¢ australian mines limited

Ann: Suspension from Official Quotation, page-380

  1. 1,415 Posts.
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    Managements doing just fine IMO.

    AUZ has:
    - chosen to use a proven process and built a proper scaled demonstration plant (takes a lot of worry away I would think )
    - 100% offtake for its first of 3 projects (nice to know all product is precommitted at a slight premium to LME market for project 1 of 3)
    - BFS inbound any day now (will trigger partner investment, nice when you have friendly partners)
    - Global Juggernaught Offtake partner with capacity to fund or assist funding (nice to have partners who are not only friendly, but come with deep pockets)
    - 2 other projects that sit in what are thought to be nice neighbourhoods (although sometimes the areas can be nice...but the neighbours can be feral)
    - some gold and copper assets that will be spun out in a SpinCo (don't you love money for nothing)

    Your decision to stay invested here or move on.

    I see CLQ is on a ball tearer while the market is going gangbusters too … just sayin
 
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