Australia's largest stock trading and investment forum Australia's #1 stock forum

G79

Click for more information

0.00%

2.7¢ goldoz limited

We must have gone to the same school......writing differently on...

First 64 Last

Share
Profile

Follow
aussieman69

1,986 Posts.

14

23/10/17

15:27

Post #: 28119828
Share

Originally posted by Juno ↑

As they are going to auction, any value would be speculative and they are absolutely not allowed to make forward looking announcements based on guesses - ASX101.

Not sure why you are bent out of shape about this, it is such a very basic premise.

And as for off-take agreement, for gemstones, just not going to happen unless someone like Tiffanies wanted to tie up the world market but that would probably piss off their other suppliers for other gemstones and hurt their business overall.

And you don't advertise what you sold roughs for because it hurts the downstream processors, MUS already learned about that side of the game.

You have to stop thinking like this is gold/iron ore, or even lithium, you can't just sell to an open market at any time you want, or if you did you would not get best prices by miles and all sorts of other issues would emerge for the rest of the supply chain.

This isn't your grandmothers share.

Expand

We must have gone to the same school......writing differently on the same!

MUS Price at posting: 17.3¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

The Rising Tide: How institutional adoption is shaping the future of crypto

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

There are more pages in this discussion • 455 more messages in this thread...

First 64 Last

Add G79 (ASX) to my watchlist