AUZ

0.00%

1.0¢ australian mines limited

10% of what ? please explain . Fork tongue syndrome egotist in...

First 349 Last

Share
Profile

Follow
chocklips

3,762 Posts.

414

28/06/19

16:31

Post #: 39292366
Share

Originally posted by ClockworkSmurf: ↑

Looks like the clock is going to run down on ‘finance wrapped up by the end of June’, but I’m sure the experts & their choir will wriggle out of admitting it’s not another miss.

The question now is if SK doesn’t take up the options they didn’t take up over the last year will they be willing to renegotiate & if they are will the AUZ board be realistic enough to accept their terms? We’ll most likely hear things like ‘it’s all behind closed doors so we can’t ever know’ etc etc but the thing that any saying that will miss ( purposefully ignore ), is the fact that if either side was willing to ‘meet in the middle & get the job done’ that it would be put to an EGM or some such.

Costs have gone up & market cap has collapsed so that tells me any renegotiation is going to be tough in comparison to the original agreement.

It really is a case of ‘abandon logic all ye who enter’ much of the time & that’s the elephant in the room for me. There are bigger & better managed deposits out there run by prudent teams & in one case one that by its actions shows that shareholders are at least very well considered but hey- apparently it’s ‘Sconi or the world will end’ here so... let's watch the parrots sing & the experts conduct the chorus.

If only projected costs here were lower than $5 & the company would be safe with 100yr average prices- $7lb for nickel & $27lb for cobalt, things might be different, but they’re not.

Yet NAIF can supposedly come to the rescue with no surety of return of any kind. That misapprehension will be something to watch.

Oh well- we non holders can suffer elsewhere- I’ve got the troubling decision of what to do with a potential 10+% dividend this year myself. Whatever shall I do?

Enjoy a return on my investment thanks to a highly & meaningfully invested board, that’s what.

End of year ideas from a dummy like me? Take a broom to the boardroom & sweep it almost clean. Keep Marcus & whoever else hasn’t laughed while the company flounders.

Expand

10% of what ? please explain . Fork tongue syndrome
egotist in it's best form IMO

AUZ Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

IMA

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 4 more messages in this thread...

First 349 Last

Add AUZ (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $13.98M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$11.80K	1.169M

Buyers (Bids)

No.	Vol.	Price($)
17	23993889	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	1175337	2

View Market Depth

No.	Vol.	Price($)
15	18333334	0.009
22	23216611	0.008
44	26106598	0.007
20	54140113	0.006
13	41900199	0.005

Price($)	Vol.	No.
0.010	1175337	2
0.011	3650099	9
0.012	3706805	18
0.013	6446364	14
0.014	1793709	6

Last trade - 13.47pm 11/10/2024 (20 minute delay)

AUZ (ASX) Chart

10% of what ? please explain . Fork tongue syndrome egotist in...

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Cauldron Energy reports "excellent" uranium assays in latest drill run

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

NRW Holdings inks $109M deal with BHP for works at Jimblebar

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

10% of what ? please explain . Fork tongue syndrome egotist in...

Top Stories

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Cauldron Energy reports "excellent" uranium assays in latest drill run

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

NRW Holdings inks $109M deal with BHP for works at Jimblebar

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News