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6.67%

1.6¢ australian mines limited

Ann: AUZ secures $12 million investment from US fund, page-152

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chocklips

3,783 Posts.

415

11/09/18

16:48

Post #: 35527787
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Originally posted by Chill ↑

We must be reading different announcements.

1. 3 tranches of funding (upon mutual agreement)
2. No set time for issuance, so AUZ can choose periods close to when SP is higher, like when BFS announced;
3. No interest;
4. Funding to finalise 100% ownership of Flemington;
5. No risk to SKI agreement;
6. It’s unsecured.
7. Dilution...show me a publically listed company that doesn’t have it.

I think this funding, when agreed upon and issued, will be used to strengthen AUZ in the lead up to and beyond the BFS. Not sure what I’m missing. And to all those claiming they “lost” thousands, unless you sold, it’s a paper loss. If you’re a trader, well, the last few weeks must suck. If you’re a shorter, we’ll done. If you’re a LT holder, hang in there, waaaaaayyyyy more to come from this baby. Chin up, suck it up and move on.

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My sentiments exactly.

AUZ Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.6¢		Change 0.001(6.67%)		Mkt cap ! $22.37M

Open	High	Low	Value	Volume
1.5¢	1.6¢	1.5¢	$80.38K	5.338M

Buyers (Bids)

No.	Vol.	Price($)
11	22966542	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	6512729	21

View Market Depth

No.	Vol.	Price($)
10	21966542	0.014
12	16977985	0.013
11	22514133	0.012
13	16766666	0.011
14	16265085	0.010

Price($)	Vol.	No.
0.016	6512729	21
0.017	6887685	17
0.018	3231352	5
0.019	2832000	8
0.020	1992349	8

Last trade - 16.10pm 31/10/2024 (20 minute delay)

AUZ (ASX) Chart