AUZ 12.5% 0.7¢ australian mines limited

Ann: Corporate Presentation, page-146

  1. 2,060 Posts.
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    Big words from a non holder 'worst ever'.

    This stock is selling at 0.9 cents. Is that price to high or low?

    That would in my opinion depend on possible future earnings combined with risks. Each interested investor will do their own calculation on this.

    Nobody can predict the future Gong so I would not go as far as to say 'worst ever' at this point of the cycle.

    But you are allowed to have your opinion!

    To temporarily change subject to remuneration. Was it not so that significant board and BB pay rises/bonuses were implemented in part because of the then off taker deal? This deal collapsed but the pay rises and bonuses did not.

    Does not make sense to me. I don't mind rewards connected with shareholder increased values but once value go backwards so should remunerations to those ultimately responsible at least the part of the remuneration that was previously given for something that did not work out. Just my opinion.

    Best luck to holders.
 
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0.8¢ 0.8¢ 0.7¢ $5.35K 705.9K

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41 9663473 0.7¢
 

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0.8¢ 412027 5
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