AUZ 7.69% 1.2¢ australian mines limited

Ann: Half Year Accounts, page-56

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  1. 1 Posts.
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    AUZ is heavily dependent on Marcus at this stage.

    The market has lost patience with timeline being pushed back too many times.

    It unfairly results in dilution in order to pay management salaries that could have been avoided if the the project was moved forward.

    BB and co should have slashed their salaries with a back end catch up payment on the proviso the funding is secured.

    Shareholders would be much more inclined to accept that.

 
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1.2¢ 1.2¢ 1.2¢ $11.7K 975.0K

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