AUZ 6.25% 0.8¢ australian mines limited

Offtake DONE!! I really like the simple, no-nonsense, no-upsell...

  1. 80 Posts.
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    Offtake DONE!! I really like the simple, no-nonsense, no-upsell announcement, infact the LG's post were more upselling and positive than AUZ's announcement. I like this new tone, next box to check is the project finance, once we have that we should be atleast at 1.5Bill valuation, if you look at other lithum miner dogs like Lithium americas etc are at 3 bill with out functioning mine. 1.5bill valuation is around 30 cents (give or take) thats nothing these days.

    We have to remember bu 2030 almost all manufacturers are going exlusively electric only, also lets compare to something similar to Fortescue in the early days before the mine, all based on demand from china for Iron ore, guess what it was below 2 cents for over half a decade. Patience and it will come.

    https://hotcopper.com.au/data/attachments/3474/3474294-23cf2ef920bb6ec019fcfa6d5306281d.jpg

 
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