AUZ 0.00% 1.3¢ australian mines limited

Imminent capital raising, page-71

  1. 1,395 Posts.
    lightbulb Created with Sketch. 1266
    This Asic is garbage.

    You need to pay people to get work done.

    Iam happy company is saving money on not having investor relations. This is a low cap stock, they need to save as much money as they can.
    Don't want a CEO trying to get billion dollar deals done answering little Karen shareholders.
    Be patient wait for announcements.

    The two things company did wrong was say $5 billion deal.

    Is LG deal worth $ 2 billion first 6 years,
    71,000. x $22,000 nickel
    7000x $52,000 cobalt
    or is that against Asic rules I don't get that.

    And offtake gives Auz the ability to fund the plant.
    With out offtake would say the company has no ability to fund the plant.

    Look at Auz and Sconi websites the company has a plan
 
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