AUZ 6.67% 0.8¢ australian mines limited

Cobalt and Nickel prices, page-100

  1. 4,825 Posts.
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    Correction: ‘these people forget that there are some who creepily stalk others and disregard posting guidelines by focusing on posters instead of the topic/thread’.

    The above is designed to help forum readers understand the guidelines that are so often disregarded in this forum.

    To the company this forum is about?

    Seems a rising tide does float all boats….
    unless it’s the Titanic?


    Once again showing that sound/trustworthy management and viable tenements are the foundation of true worth while the showmanship I see here is not. All I see that doing is luring in retail investors who then watch their wealth diluted/undercut to profit the Board, the soph’s and the brokers.

    Notice a pattern here? The soph’s won’t buy in unless a discount is offered, helping them make a quick buck.
    Off take ‘partners’ won’t sign anything that’s not free.
    The Board won’t risk any real money on shares.

    The pattern that presents to me is that anyone in the know just will not risk any real money here.

    LG wants over 250,000 tonnes for their new plant? That puts Auz out of the picture because it has absolutely no ability to scale to that production. Any company who wants anything over 100,000 tonnes a year will have to look elsewhere.

    They can just buy what Auz might produce some day ( in the 2030’s if ever, by my judgement ), on the open market. That’s why they have not and I believe will not put any money in to this company- I also believe that SK saw behind the curtain and ran when they saw what was behind it. LG learnt from that & is acting accordingly.
 
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