AUZ 0.00% 0.7¢ australian mines limited

Hi Sascha Jervois is a perennial junior explorer they get into...

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    Hi Sascha
    Jervois is a perennial junior explorer they get into jobs then do some drilling usually then take on a partner then sell to them and also take a royalty. Flemington was a Jervois site until AUZ bought. SDI was a partner with them in a Scandium project in Nyngan NSW, JRV sold to them. They had a Gold Project in Bullabulling in WA sold off to Norton Goldfields and have a royalty stake in future production. They also had a few court battles during these processes. Always going back to market for capital raising.
    They have had share consolidations over the yrs , one in 2012 was 100 to 1. They keep diluting shares with share issuing cap raisings.
    Form your own opinion ,DYOR
 
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