AUZ 11.1% 1.0¢ australian mines limited

Ann: Binding offtake agreement signed with LG Energy Solution, page-130

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 457 Posts.
    lightbulb Created with Sketch. 127
    Koreans again?!

    Last time it failed because they could not get financing for the AU$1.3Billion required.
    Could somebody please explain to me what has now changed about that?

    Oh, I can answer that myself. This time the 'off-taker' has not committed to any financing at all and it looks like the cost has even increased.

    With the current huge world wide demand for battery metals it is a no brainer to find somebody willing to buy the product.
    But first you got to make that product!

    At least there is a chance that traders and hopefuls can drive up the SP to 7c so I can get out reasonably unscathed.
    This share is so diluted it might not even get much higher even if they are already digging.

    Last edited by notaboutluck: 16/08/21
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $13.98M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $27.14K 2.694M

Buyers (Bids)

No. Vol. Price($)
2 742275 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 2520638 12
View Market Depth
Last trade - 12.12pm 17/10/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.