AUZ 9.09% 1.0¢ australian mines limited

It's important to understand where the company is within it's...

  1. Eqz
    3,271 Posts.
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    It's important to understand where the company is within it's life-cycle, the below graph is widely used and resembles the 'general' eb and flow of mining stocks. 


    We are quite literately at the turning point provided SCONI's funding gets secured.

    In my opinion our current market valuation is perfectly aligned with this graph, i.e we are the bottom as we should be.


    So if you believe in the AUZ story, if you truly believe - now is the best time to accumulate.


    https://hotcopper.com.au/data/attachments/1400/1400121-cfbd6e3693a2d1cb1e8adf00b887a691.jpg


    Flemington & Thackaringa also has every possibility of being a trump card for AUZ.

    Remeber, Flemington comes with a completed Scoping Study, which indicated that the Project has the potential to generate an after-tax cash flow of $677 million over first 18 years of production (based on the existing Mineral Resource, which currently covers only a fraction of the prospective geology at Flemington).


    Last edited by Eqz: 05/01/19
 
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Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $13.98M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $33.42K 3.342M

Buyers (Bids)

No. Vol. Price($)
5 792668 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 9575754 19
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
1.1¢
  Change
-0.001 ( 5.00 %)
Open High Low Volume
1.0¢ 1.1¢ 1.0¢ 1070585
Last updated 15.46pm 10/05/2024 ?
AUZ (ASX) Chart
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