AUZ 5.00% 1.0¢ australian mines limited

Ann: Greenvale Mining Lease Compensation Agreement, page-67

  1. 4,824 Posts.
    lightbulb Created with Sketch. 922


    Toot toot! No meaningful ( if any ), drilling at Sconi telling me there’s no more value to be found as far as the company sees it in a state with zero nickel mining for just shy of 30 years now with a SP that hasn’t advanced for 13 years! The best we have is money spent on tenement holding costs ( as per this announcement and what the thread is based on ), that haven’t done the job even with a BFS and offtake partner-
    https://hotcopper.com.au/data/attachments/4076/4076601-e340eaa5186316094620fbac281f7dd4.jpg

    This is what you guys have to compete with and I believe is one the main obstacles to the project going ahead & when added to the fact that cheaper ore from New Cal lands in QLD ports as quick it can be consumed by local processors means no funding for this company for the foreseeable ( rest of this decade for me ), future:https://hotcopper.com.au/data/attachments/4076/4076579-4c69f1981e498dab81e045e426f3d09f.jpghttps://hotcopper.com.au/data/attachments/4076/4076576-90511131fe85861d57fb2598ae00e3bc.jpg

    Keep in kind that some of the above resources are still expanding while the resources of Sconi etc are not, as far as I can tell. Think of where those will be once they’ve completed their work & found a partner!

    My money says it’s best to go West when chasing nickel etc in Oz & all the posts about posters and how much a person says they know haven’t changed that. Perhaps it’d be best to follow site guidelines and ‘focus on the stock’?
    Last edited by ClockworkSmurf: 11/02/22
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(5.00%)
Mkt cap ! $13.28M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $7.202K 772.2K

Buyers (Bids)

No. Vol. Price($)
32 6647025 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1475740 8
View Market Depth
Last trade - 15.49pm 17/07/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.