AUZ 6.67% 1.4¢ australian mines limited

Ann: Gold & copper subsidiary secures $5 million investment, page-47

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  1. 152 Posts.
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    I hear what your saying, but personally I don't think we are in a position to decide if this is fair or not until all the details are brought forward. Issuing a convertible note at half the issue price is a concern, although it's only a quarter of the total insto funds. My bigger concern is what we are handing over, what previous exploration/results are from these tenements has been done and that the initial book is sub-100k shares. Our sub 30% stake is going to be heavily eroded over time unless there is a firm/binding commitment from our company to maintain it.
 
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Last
1.4¢
Change
-0.001(6.67%)
Mkt cap ! $19.57M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $29.69K 2.027M

Buyers (Bids)

No. Vol. Price($)
16 22004928 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 3192256 5
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