AUZ 7.69% 1.2¢ australian mines limited

Ann: AUZ secures funds to accelerate cobalt and nickel projects, page-37

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  1. 4,048 Posts.
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    All the announcements are listed on the ASX site and on HC... under announcements just to the right of where you write your posts...

    It shows that at the start of the quarter AUZ had about $3m to play with and a max burn of $1.9m (if they spent money on Flem, which I believe they delayed) so it's highly unlikely that they are behind and need any of this to fill a gap (in fact that would be pretty unusual as they technically wouldn't have been solvent at the time of the CR).


    More likely is that they now have about $6.5m in the war chest.
 
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