AUZ 0.00% 0.8¢ australian mines limited

Another massive advantage by using the SK credit rating is the...

  1. 102 Posts.
    lightbulb Created with Sketch. 94
    Another massive advantage by using the SK credit rating is the funding cost (interest rate) will be one of the lowest in the market. Not only that. Massive bargaining power. Think about it. You are a lender, you have 20 mines approach you for funding. Which one would you choose? An auz deal backed by SKI or some other cheapie? Every lender will deem SK as low risk. End result? Faster pay down of the loan and time to profit will reduce. I reckon we are about half way through the hopefuls selling out prior to the trading halts. Soon as they are out of the way we should start seeing a progressive increase in the share price.
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $5.243K 655.3K

Buyers (Bids)

No. Vol. Price($)
34 15646053 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2301583 14
View Market Depth
Last trade - 10.00am 02/09/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.