nipper Posted August 16, 2021 Share Posted August 16, 2021 up 30% to all of 2.6c on a strong announcement (with conditions) Binding offtake agreement with LG Energy Solution for supply of mixed nickel cobalt hydroxide from the Sconi Project, QLD. The offtake quantities covered by the Offtake Agreement will account for 100% of the projected future production of Sconi creating a sound customer foundation to underpin its development. The agreement has only one Condition Precedent, which is that Australian Mines secures financing for construction of the Sconi Project on or before 30 June 2022 (or such later date as the parties may agree). Link to comment Share on other sites More sharing options...
nipper Posted May 10 Share Posted May 10 ASIC commences proceedings against Australian Mines and its managing director Benjamin Bell 22-106MR ASIC commences proceedings against Australian Mines and its managing director Benjamin Bell | ASIC - Australian Securities and Investments Commission A range of allegations being made by ASIC but the core of the litigation is that AUZ allegedly breached its continuous disclosure obligations and managing director Benjamin Bell allegedly breached his directors duties. Link to comment Share on other sites More sharing options...
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