AUZ 5.26% 0.9¢ australian mines limited

Who's putting their money where their mouth is?, page-45

  1. 844 Posts.
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    I have said time and time again, and many people didn't like when I said this the first time, AUZ needs to wait until nickel and cobalt prices go up. It doesn't matter how good the announcements are if cobalt remains insufficient because maybe there are another alternative, oversupply or high tariff taxes that prevents high maximisation of output. AUZ will remain at the SP.

    Don't point bragging how much thousands you bought today. Wouldn't you rather buy a company that is actually fundamentally strong, than getting stuck within an investment like this one?

    That's why I sold at a loss when this SP was in the low 90s.
 
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