AUZ 12.5% 0.9¢ australian mines limited

How nice would it be to wake up to this “ AUZ secures Sconi...

  1. 179 Posts.
    lightbulb Created with Sketch. 239
    How nice would it be to wake up to this “ AUZ secures Sconi Funding , NAÏF Supports biggest NIckle and Cobalt project & SKI deal goes unconditional”

    I guess current price already reflects the negative sentiment of funding not approved as it’s already
    down by 70% from 15 months ago .

    Worst case on not getting approved by due date and having an extension would effect share price by 30-40% .

    Positives of having funding approved , would mean a lot to all involved ....
    - AUZ Board
    - Medea Partners
    - Marcus Hughes & Sophia
    - SKI management
    - NAIF
    - Austrade
    - Qld Govt
    - Premier of Qld
    - Shareholders
    & will also justify closing of all social media accounts.

    In normal scenario management could have gotten carried away and posted hints of their discussions on social media platform , but now it all makes sense .

    The involvement of all the above stakeholders and company can’t afford to behave like a junior and has to strictly comply with the discipline and rules of above involved .

    Strongly bullish as happy to see even in some of the negative commentary Company did achieve their goals and it was only a compalin about missing deadlines which I feel is human . Company has mostly delivered in last two years and ticked off its goals and things are looking in our favour .

    2.5 Million dollar question is will the stock go to .29 cents after the good news


    Gltah
    Cheers
    Trader Guy
    Last edited by trader guy: 18/09/19
 
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