AUZ 0.00% 0.7¢ australian mines limited

open your eyes, it is not too late, page-431

  1. 6,461 Posts.
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    Sir or maam, I'm not a financial advisor.

    But I'm happy to give an opinion if that's all you want.
    Firstly having a resource is critical, and they have that.
    As is working capital, they have that.

    But after running a few companies and working in sales for 25 years the most critical thing is distribution channels.
    It does not matter one bit what product you have access to if you don't have avenues to move the product through.

    In April the bfs is due (hence why I said may). To achieve a positive bfs they MUST have distribution channels in place. (I.e. Off take partners)

    It's up to you if you want to jump in now not knowing if the off take partners are in place.
    You can wait until May and all will be revealed.

    But if it's all positive you'll pay a lot more at that stage. (That wasn't a ramp).

    There's plenty of info on the asx if you take the time to read through it and make your own mind up. Which is what I did.

    It's now my bed and I'll lie in it.
    Last edited by Tony barber: 08/11/17
 
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