Let the mountain come to Muhammad.
The battery makers will know everything there is to know about AML and its' low CAPEX/OPEX sulphide deposit (and quicker to build plant); the thing is, these conversations (next NDA's, MOU's, then Offtake Agreements etc etc) won't be reported by management until something definite is taking place.
Recently Korean company SK signed a deal with AUZ for offtake with a committment to take up a 20% holding, however AML does not have the planning approvals, a close at hand BFS, pilot plant and any number of important outcomes AUZ have in place for their Sconi deposit.
I would like to see the wet season finish and the drill rigs on site at Walford Creek, it would be good to see a JORC for at least Vardy & Marley Zones (then there is the other 18km of open strike along the Fish River Fault). AML has got work to do, which doesn't mean that AML is not being looked at closely - the current resource size alone means AML is being looked at closely.
The current activity in the EV battery minerals space is astounding and it is still very early days, but new deals are being struck every other day. I just want the rain to stop falling, and those drill rigs to start drilling out those high grade intervals. Progress on the BFS, planning approvals and metallurgical work all have to be advanced.
It has something to do with the passing of time, but don't get me wrong, the sooner AML's share price goes crazy the better.
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Let the mountain come to Muhammad. The battery makers will know...
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