AUZ 0.00% 1.0¢ australian mines limited

Ann: Voluntary Suspension, page-163

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  1. 4,475 Posts.
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    clq has market cap of $770 million at $1.30. it has about 80 million in cash. EV about $700 million. $700 million EV is based on Sunrise. No mining license yet but has an off take agreement.

    auz at 9.1 has market cap of $250 million with about 15 million cash. EV about $230 million. EV is based on Sconi and Flemington. Has mining license at Sconi and has signed off take agreement.

    AUZ EV has absolutely no reason now to match CLQ based on two large deposits in Sconi and flemington and mining license.
    Last edited by Nccc: 15/02/18
 
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