AUZ 12.5% 0.7¢ australian mines limited

Unless they find an offtake partner who is willing to stump up...

  1. 23,445 Posts.
    lightbulb Created with Sketch. 1469
    Unless they find an offtake partner who is willing to stump up $1.4 BILLION they won't find one willing to stump up any significant amount of cash upfront.

    While the "enhanced BFS" might improve the figures slightly, if it was to use the current metal prices, exchange rate and a realistic discount, it's still going to need someone willing to bet on big increases in metal prices in the future to get it funded. $ 1.4 BILLION is a lot of cash to bet with and anyone looking to put up the cash will be looking at the current economics, not the fanciful BFS released.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $9.789M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $29.48K 4.147M

Buyers (Bids)

No. Vol. Price($)
14 2484166 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2861544 10
View Market Depth
Last trade - 11.09am 17/09/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.