AUZ 0.00% 0.8¢ australian mines limited

crunch time, page-4

  1. 430 Posts.
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    jydollars.
    no...yes...maybe. I traded this one quite profitably from feasability thru to about June last year. I understand that they have some good men in management & in overalls at Blair who may well know how to mine their ore profitably & look forward to the next quarterly.
    They are going to airleg the ore rather than jumbo flatback, I assume to reduce dilution, so the ore must be quite thin with variable morphology. However at current prices you don't need an awful lot of Ni to make a shitload of money so good luck to them. At least they have the balls to change the recipe.
    Watching this one VERY keenly. Definately in tiger-country.

 
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