AUZ 6.25% 0.8¢ australian mines limited

any better situation, page-7

  1. 12,830 Posts.
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    Oh ....and a bit of my post seemed to have dropped out so ....here it is in it's entirely ( highlighted in yellow ) :- biggrin.png

    However in response to your exact assertions of a capital raise , I would kindly direct you to these comments extracted from the recent ' Company Update ' as follows :-
    6 November 2019

    Company Update

    " As a result, subject tocommencing any new pre-construction capital works, or the Company varying the scope /nature of any currently proposed exploration programs or other such activities, the board hasno intention at this time to raise or re-organise its capital during the current financial year. "


    And then of course there is this comment which is principally the reason's I would not want to be out on the sidelines between now and the originally proposed ' Financing Completion Dates ' of April 2020.......

    " The timetable for confirming offtake partners and project financing is a function of negotiations,which are uncertain and bound by strict non-disclosure agreements. Any agreements reachedwill be communicated to the market at that time "




 
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