AUZ 9.09% 1.0¢ australian mines limited

Nickel news, page-119

  1. 4,825 Posts.
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    Spending $6.10 a pound to make something that is worth...
    https://hotcopper.com.au/data/attachments/1602/1602656-432eb7b1e2364ce507dfdf7e29a88355.jpg

    Why oh why has ‘Australia’s most advanced battery metals project’ or however it is named ( by the company itself ), not bad bundles of money thrown at it? Jeez- it’s only losing 77cents a pound for every pound it may produce at today’s prices.

    Didn’t SK become as big as it is by losing money? The world’s gone crazy!
 
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