AUZ 0.00% 1.0¢ australian mines limited

The only bit of hope I have for this up is the fact the BB’s...

  1. 310 Posts.
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    The only bit of hope I have for this up is the fact the BB’s number is up if silence is the elected course of action.

    For me BB will need to come out swinging over the next month. Not sure how the guy could even muster taking on the agm if there is no news. I feel like he’s boxed himself into a corner so will be pushing hard with offtake partners right now. He’s called a big old salary for himself over the last two years and the market has stopped reacting to anything but cast iron news in the last 12 months.

    Hasn’t got much wiggle room left. I am concerned the current situation might even push him into striking a low ball deal with off takers. Id be offering up 25-30%+ of the mine right now if I was him
    Last edited by elcappo: 29/09/20
 
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