AUZ 0.00% 0.9¢ australian mines limited

patience pays off, page-153

  1. pc3
    2,301 Posts.
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    As far as Spec stocks go the big con for AUZ is shares on issue, approximately 900m more on issue than PLS "a drag on future share price it will be"

    My opinion is that if only Sconi gets up then the SP may top out at around .50-75c this will still be nice a profit for all that got in early and even at today's prices.

    Most of us have done our due diligence and my thoughts are that Sconi will get to production and make most a tidy profit from today's prices, I have written before that I think its a 36 month investment from this point in time for Sconi.

    The appeal of AUZ, and why I have risked a little more than my net worth should warrant is that they have other projects that if proven could make most peoples lives easier even with meager holdings (aka me).

    AUZ has had a little risk taken out of it current sp reflects that, but as mentioned by other posters;

    Samples
    BFS
    Offtake

    These things need to come back rubber stamped. Getting boxes ticked to get Sconi into production protects our capital and give a tidy profit (from todays sp levels), I feel we are close and that should happen.

    Pulling off a couple of the other projects could see us grow in to the 2.7 billion shares on offer and really alter many of our lives, that is the carrot accompanying an investment in AUZ.
 
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Mkt cap ! $13.28M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $5.142K 549.1K

Buyers (Bids)

No. Vol. Price($)
14 2395023 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 9068894 29
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Last trade - 14.45pm 24/07/2024 (20 minute delay) ?
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