AUZ 0.00% 1.3¢ australian mines limited

AUZ Funding, page-5

  1. 3,838 Posts.
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    Cashngrab
    Flemington doesn’t have JORC of resources so until then it’s not valued but whilst saying that it’s there it’s the same as THAK.
    If nickel keeps rising and also cobalt we could see a market cap $1 Billion so with 3.5 billion shares that makes 28 cents per share. Once finally the finance is announced they will start looking at what the ground value of Sconi & satellites are worth. That will depend on metals prices also a off take agreement for Scandium would seal the deal due at present its only to be stock piled.
    That’s my input on the matter.
 
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