AUZ

14.3%

0.8¢ australian mines limited

Ann: AUZ secures $12 million investment from US fund, page-163

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mbot

10,306 Posts.

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11/09/18

16:58

Post #: 35528054
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Originally posted by mikesz ↑

Something to ponder
http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=3052896

SKI outpaced all the major battery manufacturers on growth of battery shipments. And it’s a trend set to continue.

Now consider what what determines a share price. Fundamentally is demand for your product. And of course your ability to supply it. So with SKI demand increasing its no wonder AUZ are trying to accelerate ALL their projects.

What if this scenario is that SKI will jump onboard as previously stated. BFS is almost ready and the $80m almost as good as in the bank.

BUT AUZ wanted to accelerate Flemington and had an opportunity to get independent funding to progress project number 2 because they KNOW the demand for their product is going to be so large that one project is not enough to supply it.

There are always multiple angles to every story. Keep remembering that even if we have to suffer dilution or SP raids. The instos are doing it BECAUSE they can see the SP going up. So I say this is a temporary market response to what in the surface is dilution but in reality it’s accretion because it puts 2 projects within striking distance of a major demand coming our way.

There is way more to this story than just one finance deal. BB was clear many many times that AUZ was very comfortable about getting funding. This is an example of this confidence. Our board has significant holdings and they are just as affected my any SP movement as any other shareholder.

Think about this logically. What happens to the SP when 2 $5B projects come online?

The age old formula of
sales - cost - tax = earnings

earnings x 10 / shares on issue = share price

Do your own calcs and then think about why the instos are here and would they be here if this wasn’t real?

NOT JUST ONE PROJECT. ——— TWO!

Expand

Which instos are here? I have not seen a substantial holder notice lodged. Imho AUZ is a stock held mostly be retailers and novices at that.

AUZ Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$9.72K	1.222M

Buyers (Bids)

No.	Vol.	Price($)
23	4668584	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	3941266	14

View Market Depth

No.	Vol.	Price($)
23	4668584	0.007
34	43699111	0.006
16	31900199	0.005
9	8654750	0.004
4	2960000	0.003

Price($)	Vol.	No.
0.008	3941266	14
0.009	4849368	11
0.010	3523130	23
0.011	4268820	12
0.012	4135705	7

Last trade - 15.19pm 27/09/2024 (20 minute delay)

AUZ (ASX) Chart

Ann: AUZ secures $12 million investment from US fund, page-163

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Ann: AUZ secures $12 million investment from US fund, page-163

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