AUZ 6.25% 0.8¢ australian mines limited

Enter common sense, a very welcome thing. Forgetting all the...

  1. 4,817 Posts.
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    Enter common sense, a very welcome thing.

    Forgetting all the expert analysis, what is the projected cost to get it out the ground? $5.76~
    When the price has recently been below that for a protracted period of time?

    Dummies with some coin like me just say no. It seems SK are similarly dumb.

    I get suspicious when explanations require the idea that those of us on the outside are just dumb.
    That doesn’t encourage us to invest in any way. Quite the opposite.

    Maccas/KFC are a success because the customer can readily understand & enjoy the product which is priced well. The snooty restaurant next door languishes while its highly qualified chef calls the average punter a fool for not knowing about kale/quinoa & not wanting to pay over the odds for their dinner.

    Get out of the current deal with SK, AUZ BOD. It may well be your only hope.
 
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