AUZ 6.67% 0.7¢ australian mines limited

Ann: Queensland Government offers support package to Sconi, page-202

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  1. pc3
    2,302 Posts.
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    Agree....while I didn't add any more to my holding while sub 1c (legitimately for me at least, I am up to my neck in AUZ and couldn't justify anymore of my family's money into this stock) I certainly did not take any notice of the constant down ramping.

    The project is well advanced, the Macro climate since the high's of late 2017 for the WHOLE battery sector have hampered sp's for many company's, not to mention CV-19.

    BUT maybe, the tide is turning, over supply in the Li market must come to an end soon. LIT ETF has been rising and that for mine that is a bellwether for the battery metals sector as a whole.

    Tesla is roaring and more countries and manufacturers are indicating EV's are the way forward.

    We have had a lot of disappointments and false starts so maybe the cards might fall our way this time, time will tell.
    Last edited by pc3: 16/07/20
 
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