You need to read between the lines- a deal is coming with PE soon imho. Likely first quarter 2023. Nothing happens December/January normally . Given the leverage on offer at sub 4c , i have loaded up. keeping the faith.....
"During the reporting period Australis has had detailed discussions with potential partners and progressed likely engagement models. We remain confident that we will achieve our stated objectives however will continue to be measured in our approach and expectations. As previously stated, the recent entry into the play of two successful and well-funded private equity operators demonstrates that other industry participants have recognised the value of the TMS play and that nearer term appetite for its future inventory exists. The successful results of their early activity support our technical and strategic view of the TMS Core and will increase the momentum their presence initially created."
ATS Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
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