AUZ 6.67% 0.8¢ australian mines limited

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  1. 1,300 Posts.
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    Ok people need to consider two things, before anyone finances a large project they want some guarantees. Profit has to easily cover interest payments even when nickel prices are low. Most are thinking in terms of an investor of AUZ, now think in terms of a bank giving money to AUZ. At what rate would AUZ default? If we sold all their assets would we get back our money? These are basic questions that would be asked.
    if financing was easily done they could have got it years ago I'd assume? Hope people see the issue here finance institutions are hesitant for a reason.
 
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