AUZ 7.69% 1.2¢ australian mines limited

Ann: Sconi Off-take Update, page-30

  1. 71 Posts.
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    This has now become an extremely high risk stock in my opinion.
    In this economic climate they have huge head winds getting this project off the ground.
    Adding to that our offtake partner has basically said at this stage,
    we will buy your sh$t but we ain’t going to back you.
    It’s going to be a very long drawn out project if it ever happens with huge share dilution to boot.
    Buyers please be careful
    In my option this is now a sell
 
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