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0.8¢ australian mines limited

My thought is that the new CEO had these leases in his pocket...

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Muay

1,304 Posts.

271

29/02/24

11:18

Post #: 72665927
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Originally posted by watchthisrise: ↑

Furthermore, AUZ shareholders (at least a large portion) are anticipating numbers in the ball-park of BRE's grades???
Very slim chances of that happening IMO, but that's just my opinion.

Scenario: What happens if the grades are below 1% TREO????
Would AUZ still be able to raise with mediocre results of say 5,000 ppm TREO?

I mean, there must be hundreds of other ASX explorers with those grades.

AUZ would already likely have a pretty good idea of what sort of grades they're going to get.
Perhaps, those expected grades will be much lower than what shareholders are anticipating.

What sort of grades are shareholders expecting? 1%, 5%, 10% TREO ????

As many have already pointed out, the history of this company has been fairly consistent (Not positive).

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My thought is that the new CEO had these leases in his pocket when he was looking for work. BOD jumped on it

imo

AUZ Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$12.17K	1.616M

Buyers (Bids)

No.	Vol.	Price($)
34	10035251	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	45081	3

View Market Depth

No.	Vol.	Price($)
34	10035251	0.007
13	3310291	0.006
16	18086666	0.005
5	3000000	0.004
2	2175000	0.003

Price($)	Vol.	No.
0.008	45081	3
0.009	3005225	10
0.010	8119616	26
0.011	4290022	11
0.012	6799701	11

Last trade - 16.10pm 25/06/2024 (20 minute delay)

AUZ (ASX) Chart