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1.0¢ australian mines limited

I'm inclined to agree. It would appear to be the most logical...

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Scampercat

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11/02/19

00:03

Post #: 37392589
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Originally posted by Ampere ↑

My take is SK will only get excited when AUZ have the finance to build the mine infrastructure etc. At the moment AUZ has been a bit haphazard with statements such as NAIF could take as long as Sep 2019 and in the next sentence say words to the effect of but we expect to announce something in the 2nd Quarter 2019. Both the short and long form Binding Agreement (not contract) will have the condition of finance. They wont totally commit now if you believe that then your dreaming.

As far as the SK options are I suspect IMHO they wont take them up. They can wait and when the financial ducks line up they will see what the share price is and go to AUZ and say lets now discuss these options. Do you really think they care about AUZ shareholders, its business. Having said that the long game is getting better and I am substantially in on this for SP hike in second quarter or if they miss that projection then September with the opportunity to add as the SP falls.

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I'm inclined to agree. It would appear to be the most logical position to take in light of the "binding" agreement. We will see.

AUZ Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $13.98M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$117.7K	11.54M

Buyers (Bids)

No.	Vol.	Price($)
16	25553334	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	3530000	8

View Market Depth

No.	Vol.	Price($)
16	25553334	0.009
21	21036611	0.008
47	36492312	0.007
21	56440113	0.006
14	41900200	0.005

Price($)	Vol.	No.
0.011	3530000	8
0.012	3676805	17
0.013	5163031	13
0.014	1712409	5
0.015	2625060	9

Last trade - 16.10pm 10/10/2024 (20 minute delay)

AUZ (ASX) Chart

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