AUZ 0.00% 0.8¢ australian mines limited

Ann: Investor presentation, page-287

  1. 56,503 Posts.
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    Well, the shafters they brought on board via pseudo convertibles could bring this down to 2.2 mid-late next month.

    If so, I expect that to be around the price of the next placement.

    It's about timing, but they need to cut costs, sure.

    The Cobalt boom made many frenzied into 2018.

    AUZ is just an old can to kick down the road, but made me some fair highish triple figures in 2017 before they became unstuck.

    Felt like a miracle.

    I then traded it very well because of the young punks on here that held who had little idea about F/A or the requirements of the ASX etc.

    T'was a great company for me.

    Still watching and I've bought a couple in the last few days.

    Not much around and looking at current MD, fairly easy to get out of.

    Let's see.
 
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