AUZ 7.69% 1.2¢ australian mines limited

If a mine isn't viable it wont be funded...I think this mine...

  1. 677 Posts.
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    If a mine isn't viable it wont be funded...
    I think this mine will be viable if we go to electrify everything level around the world..
    will there be any money left for retail holders after extraction costs or will all the money be taken by bod...employees...royalties...capex repayments and everything else...
    hopefully the new cr doesn't dilute any value that is left because it t was already low anyway
    has anyone who is banging on about the new CFO put any thought into the fact that he may not understand the nature of the beast when it comes to small caps...
    they cant just ring headquarters and ask for a 20mil advance they have to beg for the money and will rarely get it without huge dilution for all existing holders...
    naif wont save your money a boardroom spill might... glrah

 
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