AUZ 6.67% 0.8¢ australian mines limited

Ann: AUZ reaffirms binding off-take agreement for Sconi Project, page-68

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  1. 628 Posts.
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    Very little to no extra information... no mention that samples have been accepted so wouldn't assume this isn't still part of the offtake 'agreed terms' referred to.

    Dollar references removed from the corp presentation. No significant change investors will suddenly leap at though.

    Company really blew a molehill into a mountain taking this time out which will not please many. Ulterior motives?? Burn a few caught short perhaps?

    AUZ remains undervalued but I don't think we need to be too worried about 30c just yet. The market will remain as sceptical and risk averse as ever once we add a few oversold cents pretty quickly.

    Happy to watch a nice little hold grind higher with plenty of news to come with a BFS months away and other projects to prove up. Cheers all for the amusing day, Benny.
 
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