AUZ 14.3% 0.8¢ australian mines limited

AUZ announcement, page-763

  1. 3,440 Posts.
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    When we were in a Trading halt last week the indicative price was .115 then the buy/sells were purged to create a clean slate, with the voluntary suspension that was put in place pending an binding off take agreement related to Sconi. Then a suspension extension was requested on the 16th. (Fri) pending completion of review of the announcement by the ASX regarding the SIGNED off-take a between Australian Mines and SK Innovations.
    Not exactly in those words, but what I am trying to say is that when the suspension is lifted, be it tomorrow or Tuesday I'm pretty confident that the open price will be higher than .115. I'm saying this because a lot more is known now since the suspension extension than when the trading halt & initial voluntary suspension was put in place. So once the ASX gives the thumbs up, it will be "let the games begin!"
    GLTAH's notthemama
 
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