Nodiscount?Howdoyouknowtheydon’thaveadiscountviatheircurrentsuppliers?A couple of things to consider Kablooey,
What’stosaytheydon’tcomeback&dangleanothercarrotatthe‘wellwedidn’tpayforourstocksoultimatelythisisjustajob’boardofdirectors?
Cuetheangrypostsaboutwhymanagementnotbeingasinvestedastheangrypostersdoesn’tmatter?
‘Whytheywanted’?Matetheyhadit-theydidn’twantit&that’swhytheydidn’tgothroughwiththe20%buyin.
Thatwasthemsaying‘wedon’twantorneedit’.
AUZ’smineralreservesaretinycomparedtowhatelseliesaroundinAustralia.Neverforgetthat.
AIZisnottheonlyjunioronthescene&othersholdfarmoremineralsatlowermarketcapswithbettercashpositions&actualBODinvestment.
LookatitfromSK’sposition.
Theygottherightstoyourmineralsforwhat?
Nothing.Itimprovedtheirpositionrelativetotheircompetitors.ItwasamoveaimedpurelyatimprovingSK’splaceonthepeckingorder.
Justtry,atleastonce,tolookatitfromtheoutside.Nottoyouinparticularbuttoallthediehardholders.
Takealookatthenumber/frequencyofpostshere.Itlooksalotlikearoomofshellshockedpeoplewhowantahug&tofeelthesafety/supportofnumbers*
*notsayingIhaveneversoughtthesamemyself,we’reallhuman.
Idoseevalueherebutnotatthecurrentmarketcap.BeforetheknivescomeoutmakenotethatIdidn’tsayIthinkitshouldbehigherorlower.
The reality of the matter is not one of us know what is happening in the "Formalisation of SK Innovation binding term sheet as a production offtake agreement, relative to how it favours whom"
AUZ is still defining its resource reserves to say others have more is unfounded until such time as AUZs tenements are JOHC drilled and assessed across the 3 primary interests. (They are only now looking to Flemington - only 1% explored to date after having success at Sconi in recent times.)
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