AUZ 0.00% 0.7¢ australian mines limited

London Presentation - 121 Mining Investment, page-261

  1. 5,245 Posts.
    lightbulb Created with Sketch. 2576
    That will change shortly...
    1 - the BFS (assuming positive) will allow a whole new set of investors to come onboard
    2 - SK's 20% buying will trigger the next, much larger, group of investors

    After points 1&2 come into play we will see a lot less loose shares and in turn that will make it a lot harder for current group/s to ply around with SP...its all there to see for all...the sell side has been stacked naturally for months, then hey let it run for a day or two and build the sell side up again....1&2 will settle the situation, doesn't mean they can't continue, but once instos can see what the likely earning will look like after the BFS combined with SK's offtake it will be a different Co.
 
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