AUZ 0.00% 0.9¢ australian mines limited

Ann: Acquisition of Brazil Rare Earth/ Niobium & Lithium Projects, page-21

  1. 327 Posts.
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    Cash price looks cheap - most of the price paid in shares.

    Proceeds of raise - mostly "exploration". AUZ is just an exploration company now! What happened to the last how many years and $millions developing Sconi?! FFS!

    That said, I bet they release something at some point to say they have proven up a huge resource and they are talking to potential partners to develop. SP will go through the roof for while with new speculators. Sound familiar?
 
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