AUZ 11.1% 0.8¢ australian mines limited

Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-970

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    Do the math, i have other investments which are at the production stage and thats what they are paying. So I have a better understanding than most could ever dream of having. Again why would anyone invest in a risky venture like this, auz is a high risk investment that is a fact. Here is a hint, if they let Auz stay as is eventually it will fold and they could then buy the tenement cents in the dollar. Own 100% and not have to worry about deals.
    Again basic math, what do you think someone providing the cash would accept as a return? Remember guaranteed 5% is already available so the return needs to be greater than that to be worth it for them.
    Last edited by levendful: 15/04/23
 
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