AUZ 0.00% 0.9¢ australian mines limited

Ann: Trading Halt, page-274

  1. 129 Posts.
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    The first 3 have JORC 2012 mineral resource estimates:

    1 BRE == 510 Mt @ 1513 ppm TREO - you should know this as AUZ like to mention this in their announcements whenever they can
    2 MEI == 409 Mt @ 2626 ppm TREO (and have recently produced MREC)
    3 IXR == 532 Mt @640 ppm TREO
    4 VMM == have 75+ drill holes and have some of the highest grade / percentages of REEs in IAC ever (23k+ ppm TREO)

    AUZ have found some clay and hosting rocks - AUZ are overvalued compared to ALV & GMN and should be closer to 1 cent.


    Last edited by CowsWithGuns: 08/03/24
 
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