AUZ 25.0% 1.0¢ australian mines limited

I`d say quietly accuumulating this stock would be a pretty good...

  1. 202 Posts.
    I`d say quietly accuumulating this stock would be a pretty good risk reward play. They are making money and the Blair deposit seems to be getting better as it deepens - i look at this as "Flying Fox lite" - i am perplexed by the lack of movment but am convinced it will come good (hence my buying back in over the last few days)...

    When they start ripping up the 3-4% plus ores in blair deeps watch the cash/cap costs start to really fall - i had a look at SMYs costs and AUZ is not a great deal off...

    Don`t forget that Flying Fox was a similar deal to Blair - Outomkupo (sp. sold it off to WSA as a semi-clapped out deposit and it proved to be way under-explored at depth) - Blair could be shaping up in a similar way...

 
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Last
1.0¢
Change
0.002(25.0%)
Mkt cap ! $13.98M
Open High Low Value Volume
0.8¢ 1.0¢ 0.8¢ $116.3K 13.17M

Buyers (Bids)

No. Vol. Price($)
5 1560000 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 4629588 25
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Last trade - 16.10pm 08/10/2024 (20 minute delay) ?
AUZ (ASX) Chart
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