AUZ 6.25% 0.8¢ australian mines limited

News: AUZ Australian Mines Says Federal Court Approves Resolution Of ASIC Action, page-2

  1. 176 Posts.
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    Yes, AUZ did the right thing leaving SKI which is having problems in the US and Turkey. No matter where they step dilemmas arise (from what I can observe (opinion only).

    As for the $500k penalty that AUZ has to pay not happy about it but better to resolve and move on. In this instance, ASIC was a bit harsh (in my opinion) on a "green coy" trying to stand up and create jobs and prosperity for Australia. Anyhow, let's move on...

    Without a doubt, LG has been waiting for this matter to finalise. I am anxious to see what good things lie ahead...

    AUZ will happen. It's a great business and its ores are in demand; once LG makes a financial move to support AUZ "flags will go up".
    2023 will be a good year.
 
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