AUZ 6.67% 0.8¢ australian mines limited

Not sure what it is that you think you have proved by your...

  1. 12,830 Posts.
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    Not sure what it is that you think you have proved by your statements and the ' short term ' supply disruption's which have unfortunately occurred on the Saudi's . I would be more concerned in the Geopolitical potential ' flow on ' ramifications. At the end of the day , I can see a correlation to Oil and Mining in general ( not necessarily EV metals either ) , but only to the extent that you are a producing mines with a large fleet of mining equipment relying primarily on Diesel Fuel. Other than that , it would have to be a major prolonged disruption before it really started to filter into the operating budgets. So in so far as how it effects AUZ at the present moment ..... is IMO negligible.

    The main thing effectingand driving the AUZ SP at the present moment is the anticipation of funding scheduled for end of the month , and as a result the accumulation is still quite evident ....even on a smaller volume day such as today......wink.png
 
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