AUZ 0.00% 0.8¢ australian mines limited

C R What price, page-16

  1. 3,041 Posts.
    lightbulb Created with Sketch. 130
    Except for that whole part where AUZ paid LSR the initial amount to explore there, and then had to spend a minimum amount to explore there within a certain timeframe.....?

    If there is something there LSR gets more money, if there is nothing there AUZ wasted that money exploring for nothing. So I don't see how thats a win for AUZ, in fact it means LSR didnt need to spend money to drill there, and in fact got paid to find nothing if that was the case.

    Not that I think thats the case, and I understand your super pro AUZ and anti LSR for some reason, but your reasoning contains no logic.

    To me it seems a win win for LSR no matter what. And if there are good results then another win for LSR and a win for AUZ as well.

    In the end AUZ would not have been able to obtain the funding they are, or even have bothered to continue more drilling etc if there was nothing there at all so I believe they will both be winners.

    But your continued anti LSR comments are really starting to confuse me now, as they are starting to just not make much sense to me now....

    IMHO both are winners, and neither are in competition, so why pump or down ramp either unnecessarily?

    Just a confused opinion...
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $5.243K 655.3K

Buyers (Bids)

No. Vol. Price($)
32 15246053 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1439734 13
View Market Depth
Last trade - 10.00am 02/09/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.