AUZ 7.14% 1.3¢ australian mines limited

Battery Giant LG Chem Prepares to Lock In Mineral Supplies (yahoo.com), page-1136

  1. 56,679 Posts.
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    The $500K chap needs to go, along with the convertibles.

    I'm reasonably happy with it at current prices but I do fear a few points downwards look possible as little attack is visual.

    So cheap, but when the need for a cap raise eventuates again, it could get worse. I'll re-evaluate in October, after the next quarterly, but I still feel the EV is too low.

    Surely, the duck is paddling underwater.

    Av. is around 1.86 now.

    Very contrarian as nickel and cobalt prices have collapsed.




 
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