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0.8¢ australian mines limited

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Mudgy

102 Posts.

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03/11/17

15:08

Post #: 28480002
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Originally posted by unicrumba ↑

As we have a lot of new holders here and looks like some are fairly new to investing, hope this helps...

* this offer is only If you are a "Professional Investor" or a "Sophisticated Investor", pls Google definition
So not avail for most Mum&Dad Investors.

Some might find it unfair, but this is such a great move by Mngmnt and I'm extremely happy.

If it was offered to everyone it would take a lot longer, the SP would almost be guaranteed slide as a lot of current holders would sell s they make a small profit and rebuy their allotment, with this one we will not have that problem.

Raising at 0.085 is absolutely amazing!!!! a month ago we where struggling to get above 0.017 and it was a screaming buy then, but even with this great rise we are still at good value territory, especially after this raise when we will have A$7 to A$10+ mil in the bank with a new floor price @0.085...so no more CR's needed for a very long time and many price catalyst events to come in the next 6 months.

Price & Demand of Co going up, Price & Demand of Ni going up, offtake for Co almost certain... If we manage to secure an offtake for Scandium aswell, then it's very hard to predict where to set the new price target, especially if we can demonstrate to potential offtakers the quality of end product by next month and more importantly can show that Sconi is as good as ready to be built and could be able to supply them by ~2019

Strong Buy and Hold at this levels - considering it's publicly known what could transpire in the next month or two.

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AMEN

AUZ Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$18.49K	2.311M

Buyers (Bids)

No.	Vol.	Price($)
27	4996323	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	2511425	13

View Market Depth

No.	Vol.	Price($)
26	4816323	0.008
29	9288579	0.007
14	5833558	0.006
8	4210000	0.005
6	4100000	0.004

Price($)	Vol.	No.
0.009	2011425	12
0.010	3987642	22
0.011	6386784	19
0.012	5415576	9
0.013	1850000	4

Last trade - 16.10pm 02/08/2024 (20 minute delay)

AUZ (ASX) Chart

AMEN

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

AMEN

Top Stories

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

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Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News