AUZ 11.1% 1.0¢ australian mines limited

AUV + CLQ possibilities, page-2

  1. 637 Posts.
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    CLQ could well offer a tidy sum for Flemington. It's totally in their interests to do so.

    Another Scenario is we could see an Asian Outfit buy into AUZ just like Pengxin Mining did end of last month with CLQ. Pumping in $81 big ones.

    They were clearly after the cobalt resource.

    Why?

    Could it be that Pengxin have a Cobalt mining Project in the DRC?
    Yes they do!

    1+1.......

    Now the Chinese are not frightened as we all know about mining in the harshest of areas, but sometimes why bother, when it's so much easier to secure supply in a non-war torn country. The friendliest and best mining jurisdiction in the world - OZ.

    What one company does an almost identical one is likely to do.

    Adding & Holding Tight
    GLA
 
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