AUZ 7.69% 1.2¢ australian mines limited

WOW, Just look a this, another capital raising just arrived, The...

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  1. 3,329 Posts.
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    WOW, Just look a this, another capital raising just arrived,
    The board have raised twice totalling $424,096 in this month of October alone
    The board have raised 8 times in 8 months totalling $9,124,096 since March 2023
    The board are looking for funds because they are running out of cash.
    The board are doing NOTHING to explore or further develop the resources at Sconi.

    Gccc12 You ask when the board are going to notify shareholders, you just got the most important notification you need and its not pretty.
    - There is no development taking place, surely you know that Gccc12
    - The board are paying wages, those are the winners here Gccc12
    - Your FREE options are just that Gccc12 FREE of any value, they are in fact a liability.
    - How can you Gccc12 and your mates the Successwillcome TRIO still validate this behaviour, I notice you don't say much about this so it must be OK with you.

    Market capitalisation is one tenth of the capital raised since 2017

    WOW, WOW ,WOW
    Australian Mines
    Capital Raising Events
    8/02/2017$1,000,000.00
    5/04/2017$2,000,000.00
    6/11/2017$20,000,000.00
    11/09/2018$12,000,000.00
    27/02/2019$5,000,000.00
    17/07/2019$5,800,000.00
    14/04/2020$14,500,000.00
    26/07/2020$5,200,000.00
    28/07/2021$6,500,000.00
    30/05/2022$3,700,000.00
    17-06-2022 Retail$710,965.00
    22/11/2022$4,550,000.00
    02/12/22 Rtail$1,611,905.00
    KPM Underwritten$1,238,095.00
    8/03/2023$7,400,000.00
    5/05/2023$200,000.00
    2/06/2023$400,000.00
    30/06/2023$200,000.00
    12/07/2023$200,000.00
    29/08/2023$300,000.00
    3/10/2023$200,000.00
    13/10/2023$224,096.00
    Total Raised$92,935,061.00
    Market Capitalization$9,340,888.00
    Value Created $-$83,594,173.00
    Value Created %-89.95%
    Loss Multiplier994.93%
    Date 19/08/2023
    NOTE
    AUZ's M/Cap is worth $83 Million less than the
    Total capital raised since 2017 to date
    That is a TERRIFYING Dilutionary Tale
    Your money depleted by %994.93%
    Last edited by RED328: 13/10/23
 
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Change
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Mkt cap ! $16.78M
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1.2¢ 1.2¢ 1.2¢ $11.7K 975.0K

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