AUZ 0.00% 0.9¢ australian mines limited

Ann: AUZ reaffirms binding off-take agreement for Sconi Project, page-88

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    Canaccord and MacQuarrie value Sunrise @ $1.1b market cap for 109mt at .13% av grade Co. Sconi is 89mt @ .11 av grade (we are higher % for Ni than Sunrise). AUZ has 2.670,000,000 shares on issue. Do the maths.
    1,100,000,000 ÷ 109 ÷ .13 times 89 × .11 divided by 2,670,000,000
    Rough value for AUZ would be @ 30 cents per share.
    Please someone check my calcs. Its been a long day and I have sore fingertips and numb mind.
 
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