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1.0¢ australian mines limited

My thought is that the new CEO had these leases in his pocket...

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Muay

1,294 Posts.

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29/02/24

11:18

Post #: 72665927
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Originally posted by watchthisrise: ↑

Furthermore, AUZ shareholders (at least a large portion) are anticipating numbers in the ball-park of BRE's grades???
Very slim chances of that happening IMO, but that's just my opinion.

Scenario: What happens if the grades are below 1% TREO????
Would AUZ still be able to raise with mediocre results of say 5,000 ppm TREO?

I mean, there must be hundreds of other ASX explorers with those grades.

AUZ would already likely have a pretty good idea of what sort of grades they're going to get.
Perhaps, those expected grades will be much lower than what shareholders are anticipating.

What sort of grades are shareholders expecting? 1%, 5%, 10% TREO ????

As many have already pointed out, the history of this company has been fairly consistent (Not positive).

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My thought is that the new CEO had these leases in his pocket when he was looking for work. BOD jumped on it

imo

AUZ Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(5.00%)		Mkt cap ! $13.98M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$4.582K	461.6K

Buyers (Bids)

No.	Vol.	Price($)
43	20880625	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	3504001	3

View Market Depth

No.	Vol.	Price($)
43	20880625	0.009
31	38272125	0.008
20	32930122	0.007
9	25466726	0.006
6	4650000	0.005

Price($)	Vol.	No.
0.010	3504001	3
0.011	9528755	26
0.012	5313168	15
0.013	4425750	9
0.014	3229295	11

Last trade - 12.39pm 27/05/2024 (20 minute delay)


Last 1.0¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
1.0¢	1.0¢		1.0¢	1500000
Last updated 11.00am 27/05/2024 ?

AUZ (ASX) Chart