AUZ 14.3% 0.8¢ australian mines limited

Ann: BFS supports strong commercial case for developing Sconi, page-103

  1. 5,245 Posts.
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    I used to feel sorry when I used to see punters getting sucked into selling by some ridiculous one-liners, combined with the help of artificially stacked SELL orders. But considering there is enough info out there now on what t look out for, I no longer feel sorry for anyone

    * The trolls came out in droves, no other reason than to get your cheap shares.

    * Some very poor posts stating why it's all doom and you need to sell, some even mentioning CLQ...pointless...their MC is still a whopping ~AU$350mil, plenty of value with AUZ at AU$160mil

    * Today is a great day for AUZ, one of the trolls cared to remind the poor punters that this is the BFS 1.0
    the BFS 2.0 will be a different beast...the whole point of the exercise of establishing a base case BFS 1.0 was to confirm to SK, its engineers and various lenders incl. our Government that Sconi is a viable proposition with an enormous upside, but considering time is of the essence...SK - Merc - VW - anyone - product needed urgently by 2020/21

    * Today will trigger the next important steps towards the decision to mine.

    Sconi will be mined.

    ALL IMO
 
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