AUZ 12.5% 0.7¢ australian mines limited

What's in the bag B.B.??, page-209

  1. 2,889 Posts.
    lightbulb Created with Sketch. 712
    I also noticed from your posts you work at FMG Solomon, I worked at Christmas creek 2 and a half years ago.

    I'll give you a scenario: say Christmas creek, Solomon and cloudbreak, all decide hey, this month we aren't shipping our iron ore fines to the port, and in turn to our Chinese counter parts who require our product and we sell too.

    You think they will just say oh man that's cool no worries...

    Yeah dont think so. You would be penalised and fined for not keeping up with the contractual agreement.

    And would indeed damage FMG's reputation.

    Same would go for SKI not being able to secure Ni/Co to feed their plants which produced batteries for Mercedes..

    They fault on that, it ruins their business reputation and relationship..

    JD
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $9.789M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $29.48K 4.147M

Buyers (Bids)

No. Vol. Price($)
14 2484166 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2861544 10
View Market Depth
Last trade - 11.09am 17/09/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.