AUZ 0.00% 0.8¢ australian mines limited

And that suits me just fine. I might be able to grab a few in...

  1. pc3
    2,299 Posts.
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    And that suits me just fine. I might be able to grab a few in the high 7's tommorow. After reading the quarterly report and digesting it, the down ramping and "contrarian opinions" carry less weight for mine.

    1. The SK relationship strengthens as we move towards BFS
    2. The importance of Ni and possible Ni squeeze moving forward is gathering pace
    3. Our "by product" Cobalt is able to be processed to higher specs than the customer specified
    4.BFS capex will be less than our neighbours due to critical infrastructure already in place
    5.LOM will increase as drilling rigs commence and results start filtering through
    6.Our customer wants everything we can supply on CURRENT JORC reserve with a 6yr option
    7.SK aren't going anywhere........
    8.Our "partner" SK are helping to optimise plant/BFS/possible funding options
    9.Scanadium off take possibly bubbling in the background
    10.Rationilization of the business has been done with gold being spun out AND we kept 30% for nada really

    If your looking to make "quick" money AUZ might not be an option but long term it will be solid. Management in my view are doing an execllent job, may have said a few things they shouldn't have but they KNOW what they have, makes it hard to keep a lid on it I would think.These people are NOT lifestyle directors they have a lot of skin in the game as well and that should also provide some solace for investors.

    DYOR
    Last edited by pc3: 01/08/18
 
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