No discount? How do you know they don’t have a discount via...

No discount? How do you know they don’t have a discount via their current suppliers?
What’s to say they don’t come back & dangle another carrot at the ‘well we didn’t pay for our stock so ultimately this is just a job’ board of directors?

Cue the angry posts about why management not being as invested as the angry posters doesn’t matter?

‘Why they wanted’? Mate they had it- they didn’t want it & that’s why they didn’t go through with the 20% buy in.

That was them saying ‘we don’t want or need it’.

AUZ’s mineral reserves are tiny compared to what else lies around in Australia. Never forget that.

AIZ is not the only junior on the scene & others hold far more minerals at lower market caps with better cash positions & actual BOD investment.

Look at it from SK’s position.
They got the rights to your minerals for what?
Nothing. It improved their position relative to their competitors. It was a move aimed purely at improving SK’s place on the pecking order.

Just try, at least once, to look at it from the outside. Not to you in particular but to all the die hard holders.

Take a look at the number/frequency of posts here. It looks a lot like a room of shell shocked people who want a hug & to feel the safety/support of numbers*

*not saying I have never sought the same myself, we’re all human.

I do see value here but not at the current market cap. Before the knives come out make note that I didn’t say I think it should be higher or lower.