AUZ 6.67% 0.7¢ australian mines limited

any better situation, page-30

  1. 1,648 Posts.
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    Quite why there are so many passionate non holders who post on the AUZ threads completely escapes me.

    Aside from the possibility of an update we might get at the AGM I dont expect much to happen with AUZ until the new year - likely March at the earliest - they have cash for the moment to keep going and I would be very surprised if the Board is not out there doing their best to secure finance.

    Volume has dropped so it would seem to me that the bulk of shareholders are sitting back either prepared to await developments or not wanting to realise a loss at the current price (or a combination of both). Unless there is something positive announced at the AGM that is well received 1c is certainly a possibility perhaps even slightly lower as we go into Christmas and early January
 
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41 19413693 0.7¢
 

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0.8¢ 3890032 12
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