AUZ 7.69% 1.2¢ australian mines limited

Ann: Suspension from Official Quotation, page-47

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  1. 904 Posts.
    lightbulb Created with Sketch. 61
    I also believe they didn't quite reach the $5m target, and the voluntary suspension of one extra day is all what's required to sort it out. Maybe starting a CR on a Friday afternoon wasn't the best choice, but we don't really know exactly what the $5m is for yet, so it's possible there was no other option.

    It has been very interesting reading all the different scenarios posted here. Stress levels have been through the roof. I was rather looking forward to Wednesday, getting the info direct from the horse's mouth ... this extension makes me more uncomfortable, I'm not a very patient person at the best of times.

    Anyway, I was wondering if we've all gone a bit nuts and just maybe it's something pretty straight forward, like ... BB has been in Greenvale attending to business which was more important than the recent conference in Fremantle. Maybe AUZ just scooped up some new leases at bargain prices, so now we need a little CR to top up the coffers so we can carry on mining till the funding starts flowing in. It's a possible scenario isn't it, or have I completely lost the plot?

    GLTAH
 
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