AUZ 6.67% 0.7¢ australian mines limited

AUZ October 1st, page-7

  1. 179 Posts.
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    I’ll be fine with either of the scenarios , delays / extensions as long as they are moving forward .

    If I have one of my assets which can give me net $5bn over next 30 years and the NPV of that asset is $1.3bn I am happy to be part of it and for delays . As long as company is moving forward , ticking off what’s needed to make it happen , especially when it’s currently trading at 1/13th of the NPV of one of the projects .

    lets hypothetically assume its a success story in 2 or 3 years and can pull off 2 of the 4 projects .

    lets also discount the NPV to $1bn per project after 2 years . I’ll be happy with a $2bn valuation in 2 years time when the stock is currently trading at market cap of $85mn .

    It may may or may not happen but if it’s a success with 2 or more of its projects , this is what I think is likely :
    - company will consolidate the shares 1 for every ten , to bring down share register to 340 mn units .
    - company will be valued at atleast $1.5bn to $2bn

    making our share price at .025 * 20 * 10 = $5 per unit
    & have 340,000,000 units on issue . Very much like a normal and Blue Chip mining company .

    Thats the vision I and many of us have for this company & I know it won’t happen over night .

    Also, all mining company & biotech stocks operate in similar fashion . In the beginning they have only Minning / Exploration or R& D Expenses , but once they are on track they call these companies as a “ Gold Mine”

    thanks
    trader guy
 
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Last
0.7¢
Change
-0.001(6.67%)
Mkt cap ! $9.789M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $4.336K 576.4K

Buyers (Bids)

No. Vol. Price($)
41 19413693 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 3890032 12
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