AUZ 7.69% 1.2¢ australian mines limited

Ann: Preliminary findings indicate additional mineralisation, page-88

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  1. 2,487 Posts.
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    Agreed. This is smoke and mirrors stuff. The bfs was slated to be due end of June. It was never mentioned that a draft version was due end of June. The market ready version was due end of June. The bfs has been delayed 3 months, end of story.
    Next question is why? I doubt moving a plant to a new location would add 3 months to a bfs, surely construction numbers for a plant would be about the same whether you built it here or another 100 meters over there.
    I’m expecting the sp to head back to the 7s as the uptick in the sp last few weeks was related to the bfs release.
    I also find it odd that at the agm Ben said that everything was on track and only now they find these results? Which have been around for years. Why review them now?
    Also, we still don’t know why auz was suspended. Should be interesting.
 
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