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0.8¢ australian mines limited

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aaron

913 Posts.

618

22/02/18

08:32

Post #: 31243303
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Originally posted by vintage ↑

"The deal is confirmed at $5B turnover for first 7 years - thats approx $700M/annum - but for first 3 years on a sliding scale. WOW!!!!"

Lol - another one that has not learned anything from the past week. The need to ramp is such a drug, it seems.

What does it take to convince all the confirmation-biased tragics around here that NOTHING has been confirmed!

There is an exciting prospect - but that is a very different beast than a CONFIRMATION.

There is a term sheet that MAY lead to a confirmation as long as a number of difficult hurdles are got over - sample purity, BFS metrics, development capital etc.

Lets take it one step at a time shall we - and then we can avoid the over-inflated expectations that caused so much angst over the past few days and undoubtedly burned quite a few people?

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Please read the whole post....then make a comment.

I was not upramping...and if so, better than down ramping.
I was stating facts, baed on what has been released. People have can make their own decisions and judgements as I have based on the details. If people buy on my comments, then I would say, they need to spend more time doing their own research.

thanks

AUZ Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.001(7.14%)		Mkt cap ! $10.48M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$975	130K

Buyers (Bids)

No.	Vol.	Price($)
26	4582754	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	4311311	15

View Market Depth

No.	Vol.	Price($)
26	4582754	0.007
33	45124111	0.006
16	32700199	0.005
9	8654750	0.004
4	2960000	0.003

Price($)	Vol.	No.
0.008	4186311	13
0.009	4323654	9
0.010	3473131	22
0.011	4268820	12
0.012	4135705	7

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