AUZ 6.67% 0.8¢ australian mines limited

any better situation, page-2

  1. 4,818 Posts.
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    All the near term catalysts left with SK so I think the next thing is a CR which more than likely means more dilution.

    What was the AUZ SP before 2017?
    0.5-1.0 cents.

    I’d not be at all surprised if it goes back to those levels as more and more stop losses are hit.

    Some mention selling things but the company is in a bad spot now so the real meaning of the ‘vulture club’ would become apparent if that was followed. An IPO of the too distant tenements might be a goer but can the company properly execute one before a CR? I think not.

    More pain before any change- even if half or more of the Board get sacked or quit.

    For my attentive pal- nice to have my return noted, thanks to the grapevine. Try to stay away was the phrase.

    Try and will are different words.

    Good health all.
 
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