Hi red Talking about drains care to substantiate where your...

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Flippa01

3,068 Posts.

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26/06/20

16:26

Post #: 45477171
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Originally posted by RED328 ↑

These are the facts.
I do have a Mercedes Benz and it certainly does not have nickel or cobalt from AUZ's resources or production plant within the batteries.
Talk about spin and ramping. That claim was 100% disproved without question and everyone knows it.
Questions remain unanswered.

We have 3.63 BILLION shares in the market, we are diluted beyond recognition and the next capital raising is around the corner.
We all know that one too.

We have 3 resources under the AUZ banner.
1- SCONI needs $1.4 Billion dollars capital expenditure to get it operational.
2 - Flemington needs $1.4 Billion dollars capital expenditure to get it operational.
3 - Thackaranga needs $750 Million dollars capital expenditure to get it operational.

That's a capex in excess of more than $3.55 Billion dollars. IMO that's not going to happen.

We have 6 very costly drains in the leaky tub made up of 1 x Chairman, 4 x Directors and 1 x Secretary, there is still a refusal to live within the companies means.
The top heavy management structure still refuses to take a pay cut while Covid persists.
The reason for this is that management have control until we take it back, right now the shareholder base is so diluted and distracted they can do what they want. The other problem is that there are too many shareholders that are not united.
Management can take advantage of this, and in my opinion do.

There is no point in winging, you will have to have a cohesive united stance to get the message through.
RED

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Hi red
Talking about drains care to substantiate where your figures for Flem and Thack have come from. Its all well and good telling stories but HC requires as per TOU's substantiation.
Please use your own quote from your post of "There is no point in winging, you will have to have a cohesive united stance to get the message through." Please unite and substantiate your baseless statement. Something cohesive or comprehensive would be great thanks.
When talking AUZ facts would be greatly appreciated not made up figures.

AUZ Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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