AUZ 7.69% 1.2¢ australian mines limited

Ann: Trading Halt, page-414

  1. 789 Posts.
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    Bomber , as we know all the tech battery metal juniors in Australia have been smashed to pieces the last 12 months for a variety of reasons. All have their issues thats why they are junior speccys. April to June critical for AUZ and future timelines. It seems to be groundhog day but BFS2 due April with resource upgrade to project metrics , funding coming together, Naif , prepayments from SK etc. At this stage I checked with theAUZ secetary and her payments havent been an issue. A similar company witha high cash burn rate may also be risking their secataries pays if thing dont fall into place for them before the end of the year and added project risk with an RIP technology untested at large scale.
 
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1.2¢ 612037 2
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