AUZ 0.00% 0.7¢ australian mines limited

Ann: Binding offtake agreement signed with LG Energy Solution, page-74

  1. 913 Posts.
    lightbulb Created with Sketch. 618
    Sorry mate, one bitten twice shy...

    This mgt hasn't delivered in any way shape of form. They haven't learnt from the last agreement with SKI.
    They said that next time they do a binding agreement they will make sure the buyer puts up some of the financing towards the plant...again just a piece of paper worth shit..may as well have done it on a piece of toilet paper, its going to end up in the toilet anyway...

    SH are going to be led down the path for 6-8 months, SP may go up and down a bit, day traders and people who got 100's of thousands stuck over past 5 years will have an opportunity to get out some money...

    Been hearing about NAIF since 2017....hasnt happened and wont happen....how are these bunch of idiots going to raise $2B for the plant....joke...

    Sorry for being so negative, but if they secured some funding and the agreement, I would have been more impressed. The company has no money...

    Anyway, I hope I am wrong for some of the long term holders, but I lost my money on the SKI saga, when these guys used bergen...and strung us with NAIF and told us that SKI was going to throw in the rest.....joke joke joke.

    Please be careful, I dont want people to get hopes up, research this before jumping in.





  2. 1,306 Posts.
    lightbulb Created with Sketch. 272
    Finally....Some good news! smile.png
 
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