AUZ 12.5% 0.7¢ australian mines limited

Thackaringa Results, page-243

  1. 844 Posts.
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    Everyone needs to clam down. This recent drop reflects nothing.

    It is important to understand that AUZ fundamentals have not changed at all.

    BB said that there will be more announcements in 2018 than in 2017, so overall, this drop reflects nothing, but just a few good buys. Even today, the market is siding with more buyers, other than sellers, which is a good indication.

    Guys, read the announcement: "Oliver Carton as Company Secretary, in recognition of the increased commercial activity planned for 2018 as the Company advances off-take and project finance negotiations to deliver on its strategy to become one of Australia’s premier cobalt-nickel-scandium producers."

    Yes, BB has commented, and I quote "It is unfortunate that the demo plant is running a little behind schedule but it hasn’t adversely affected our conversation with the potential off-take partners."

    There is a delay, just remember one thing, and most people are forgetting this, the top 3 shareholders for AUZ are the three of four major holders of the big 4 banks in Australia! If I do not follow this guy who should I follow?
    Last edited by Newtosharesbro: 24/01/18
 
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Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $11.41K 1.521M

Buyers (Bids)

No. Vol. Price($)
34 10035251 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 475907 8
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Last trade - 15.32pm 25/06/2024 (20 minute delay) ?
AUZ (ASX) Chart
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