AUZ 6.67% 0.8¢ australian mines limited

Sentimet, none - disclosure, not held - profile not availbee, page-88

  1. 118 Posts.
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    I don't know for sure if finance will be secured by June 30, extended out for six months or be a complete failure. What i do know is that this project has been mentioned by the Feds as a critical project for the country. That suggests to me that it has a better than average chance. I've taken a decent position (for me and my financial circumstances) so that i will capitalize on the chance that it is successful. How would you feel not holding into a positive ann/trading halt?
    What about the spin off (demerged projects) This is surely a good sign for the future. Why would you offload all your other prospects if you thought your main projects (Sconi & Flemington) were going to be unsuccessful?
    Then there is the confidential nature of the finance discussions. Maybe no leaking ship news, just BAM! trading halt. I know i wouldn't want to be on the sidelines trying to get in at that point.
 
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39 10199308 0.7¢
 

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0.9¢ 2965332 13
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