AKA 0.00% 8.8¢ australia minerals and mining group ltd

personally, imo, they were never going to make $20Mpa cash flow....

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  1. 28,706 Posts.
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    personally, imo, they were never going to make $20Mpa cash flow. at best (@$30/kg) they would just make $10m pa if lucky & only due to the current 0.90 exchange rate

    imo, the larger scale is totally necessary. the smaller scale had very limited upside, which is why I sold my options.

    I was only holding 10,000 shares yesterday morning, a residue from a trade. my belief in this was close to zip. now holding 60,000 shares

    while I am always sceptical about this mob, Iggy is on board, I like the sound of the director Bailey buying $108k in shares on market, since he is an alumina pro.

    so I take my chances now & at least believing more strongly than before

    Last edited by ddzx: 17/09/14
 
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