AUZ 0.00% 0.8¢ australian mines limited

quarterly - auz looks to be in a strong position, page-8

  1. 3,445 Posts.
    Blue Sky

    A couple of points you missed:

    * Stage 2 mining is due in the very near future so production should double according to previous forecasts
    * New intercepts from the presentation today and from area 57 should lead to additional reserves (to be announced in the Annual Report)
    * 540 tonnes hedged at AUS$20,000 guards against any further drops in nickel prices


    Mookie
    Woul
 
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