AUZ

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1.0¢ australian mines limited

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Geticz

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13/08/19

08:58

Post #: 39970860
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Originally posted by trader guy: ↑

Update - my take on what’s going on (revised on version I posted 2-3 months ago)

AUZ has achieved a lot in last 20 months and have definitely progressed from being a minor junior to a serious player , such as :
- Having 100% ownership interest in all projects ✅.
- Skoni BFS release and decent annual revenue $512mn & improves mine life of 30 years with $5bn revenue ✅
(Zero reflection of this in price as depends On financing and improved BFS)
- Offtake agreement signed with SKI ✅ , ( zero reflection in price at this stage )
- Hiring and building up the team for future✅ , not reflected in share price as we will see the magic of Marcus when he gets us some amazing finance deals and minimises our taxes once we are in production .
- Getting the prescribed status project✅ from government , no reflection in price as waiting for clarity on SKI commitment and how much govt will fund and what the finance deal looks like .
- Demo plant testing and samples delivered✅ .
- Finance deal discussions and closed door negotiations.

- the contingencies highlighted few months ago were which is expected very soon and with the improvement in Nickel ✅ and Cobalt prices we will see a solid recovery, next 90 days LFA SKI agreement ✅ Naïf update , revised BFS ✅ Scandium update and offtake ✅ ,Finance update and Flemington update ✅ )

- it’s ticked off 5 of the open items in last 3 months and now we are down to the final lap. I feel NAÏF / Finance
Update and AUSTRAC Meetings are all interlinked
& we shall get a major announcement soon .

No body is perfect and what I like about AUZ is they identify what they did wrong and they fix it - cancelled the Bergen notes / improved their communication ( from cheeky hints to no leakage at all of any info ) are good examples of them turning into a mature player rather than a penny stock ..

good luck & goodthingswillcomesoon.

CheersTG

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First time poster...
Appreciate your time taken to write this up.

AUZ Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $13.28M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
15	33995973	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	693995	4

View Market Depth

No.	Vol.	Price($)
15	33995973	0.009
15	43685003	0.008
9	3560893	0.007
16	8992332	0.006
5	2750000	0.005

Price($)	Vol.	No.
0.010	693995	4
0.011	4221166	9
0.012	2945060	8
0.013	1557750	6
0.014	1355908	3

Last trade - 14.40pm 01/01/2025 (20 minute delay)

AUZ (ASX) Chart

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