AUZ 25.0% 1.0¢ australian mines limited

Ann: Nigeria Exploration Manager Appointment and , page-5

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  1. 814 Posts.
    re: Ann: Nigeria Exploration Manager Appointm... Sounds like you should of sold at the last good jump at 3.5c,then reposition yourself.

    Anyhow 1.3c is Auz's all time low since it floated and it was on very low volume and thats taking into account the 1 for 20 consolidation.
    Just looked like end of year loss taking for my mind and the Greece crisis wouldn't be helping ever.

    Plus management are talking about rolling out some updates soon, with a drilling date announcement should be in there as well.

    This is the game changer:
    The Kalgoorlie assets could provide further funding options.
    There is interest in the Mt Martin resources and Golden Ridge project especially with the gold price at record
    levels of US$1,500/oz at the date of this report.

    If they get this deal done here,at a reasonable price the SP should start consolidating around 4c IMSO.

    Just my thoughts,
 
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