AUZ 7.14% 1.3¢ australian mines limited

AUZ Chart, page-885

  1. 6,588 Posts.
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    Gee I really don't want to create another storm re: Auz and Clq.
    But I own both.

    And both aren't doing what I want.

    But if I were to put my Auz hat on it would be this.

    Clq have a better feed grade at sunrise v sconi.
    Sconi is going to have a much lower capex and Opex. I think everyone pretty much knows this.

    If I was running Auz I'd much prefer to start from the base where it is. Get funding with a lower capex. Build the COMPANY, then go tap into the exact same resource as Clq has.

    Auz have to get step one done of course. But then huge doors open with Flemington.
    And a lot of infrastructure will be there. Because Clq will have built a lot of it.

    #winning
 
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