AUZ 0.00% 0.9¢ australian mines limited

auz-ttr, page-5

  1. 10,600 Posts.
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    Yes I agree Meerkat - I think you're taking a much bigger risk of disappointment on AUZ.
    On the other hand with TTR, you've got RAV8 still producing good quantities of nickel(probably at least until the end of this year) that produces high cashflow/profits as all the development costs have been fully amortised. Plus you have the Phillips River gold/copper project that will get the go-ahead in a month's time and be in production by Dec this year producing 70k gold equiv ozs/pa. Plus they've just purchased an interest with EXT in the Burnakura goldmine that'll be in production in the second half of this year - a good diversification of projects.
    I own TTR stock.
 
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