AUZ 11.1% 0.8¢ australian mines limited

Ann: Discovery of Rare Earth Element Anomalies at Resende, page-27

  1. 1,350 Posts.
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    My strategy is not investment advice.

    more of a gamble loading all up on one stock, advice don't fall in love with a stock.

    Average is always coming down with each buy.

    Company has multiple strategies moving forward.

    Brazil rare earths and lithium , Sconi, Flemington, broken hill, hydrogen patents,

    Qld government and Australian government has allocated billions to future critical mineral projects for batteries and for new and down the line processing technologies.

    Brazil looks like could be at the right place at the right time with BRE kicking goals, could turn into a rare earth super state, something like the Pilbara in Wa with iron ore.

    Auz is a risk, not a risk for most, the share price has been very very poor. The new CEO has mentioned numerous times his plan is to achieve value for shareholders.

    Time will tell, hopefully not to much more time because this dilution has been terrible and will need more to continue plans going forward.
 
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