AUZ 5.26% 0.9¢ australian mines limited

Ann: AUZ expands gold and copper exploration through new JV,JRV-AUZ.AX, page-155

  1. 33 Posts.
    Hi All,

    Still a lot of resistance at the moment. Just when you think it will reach and hold the 0.017 someone sells at 0.015, nature of the beast I guess.

    A lot of people are waiting for this/or many Ann from AUZ. My thoughts are as follows

    • We possibly won't get an Ann until the 15th saying drilling has been completed etc.

    • This would give BB and the geology department time to model what hits they have drilled (if any) and time over the weekend for them to look at the results in depth before Ann a TH

    • TH on the Monday the 20th

    • Ann on Wednesday the 22nd with all the results from this campaign and all relevant data from previous campaigns with what the future holds for AUZ

    • This would give the SH ample time to make a decision over the weekend (25th,26th) to take up the offer on Monday the 27th.

    These are just thoughts going through my head and I could be totally wrong with this timeline. But if I was in the position to try and get the offer over the line I wouldn't release data for the SP to go gang busters over a week out from closing for it to lose momentum and go below the 0.02 before the 30th.

    Good luck to all.
 
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