AUZ 5.00% 1.0¢ australian mines limited

stress levels, page-12

  1. 6,406 Posts.
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    I haven't posted on Auz for ages.

    But the other day when I saw the price dropping I did ponder what was going through the heads of holders.
    And indeed, what I should be pondering.

    And then I thought ......

    'hang on. One of the worlds biggest companies has done due diligence into Auz. They aren't going to commit to a shonky backyard operation with rubbish resources and a rubbish board. They aren't going to commit to a company that 'might not' get finance. They've been there and done that. They know what gets financed and what doesn't. They're building a $770 million dollar plant with all the resources coming from Auz. They are the supplier to the worlds most prestigious brands. There's absolutely no way they haven't completed risk assessments.'


    Sell, buy, do what ever you want. It's all your choice.
    I'll follow my own road.
 
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