AUZ 7.69% 1.2¢ australian mines limited

AGM, page-165

  1. 221 Posts.
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    Glad i went. Would have liked a bit more of a response from my last question of the day before end of meeting was declared regarding Mr Canavans statements heading over to the USA. Obviously only so much can be said in that they meet or speak frequently. Looking at a bigger picture then worrying about the website and what the plan forward might be looking like. Lets retain perspective they want the minerals for millions of cars and likely care about a website less so then we do for embarrassment sakes.

    If it were me and my small business I run I wouldnt sleep until its back up, but thats me. A years time it wont matter a single damn

    Good summary of the meeting by another poster, i think it was @tedhunter. Accurately recalled! Thank you.

    The 5 x Sconis required by VWs electric vehicles alone is simply put a massive amount of minerals required.

    Thinking afterwards about some of the actions by disgruntled shareholders was that if you do your dough own up to it. Dont be making threats. I walked away still confident in my investment because of the longstanding fundamentals. I personally believe in the end much of this will seem trivial to the absurd as nickel and cobalt demand kicks in to a point where it matters well past what BB once misconstrued. It'll simply be needed and the spot prices are all predicted to increase in reflecting this.

    In keeping patient the tide will inevitably turn we just need to get there and I hold that we will, providing the board learned from their mistakes which was to be my next open question..

    "What are the biggest lessons moving forward the company has learned from the SK deal in securing the next?"

    I'd have been curious to hear.

    Anyway it seemed to me and I hope they have learned from this and will be giving away no more free rides and if what they say is correct I am happy they chose to end the exclusivity with SK at this particular time in the market.

    Looking forward to an offtake deal from a committed partner if it happens 2020, if not it was always a speccy, so be it. 2021 might be the year... Im long haul in this one. Its only money. Time to me is more important and so is acting like a man that takes full accountability for his own decisions
    Last edited by Othala: 20/11/19
 
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