AUZ 7.69% 1.2¢ australian mines limited

100% Mbot. SBM was down on its last legs at 7 cents a 4 years...

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  1. 831 Posts.
    lightbulb Created with Sketch. 1245
    100% Mbot.

    SBM was down on its last legs at 7 cents a 4 years back only to hit $5+ last year. It's now at $2.80.

    No reason why things cannot turn around for Australian Mines especially given the predicted major supply shortage for batter grade Ni and Co soon to be upon us.

    Things look dim atm but it should soon turn around as NI and Co prices go up again.

    Cheers SandyC
    Last edited by SandyC: 29/05/19
 
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Mkt cap ! $16.78M
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1.2¢ 1.2¢ 1.2¢ $11.7K 975.0K

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