AUZ 7.69% 1.2¢ australian mines limited

Setmefree i think NAIF give the balance not ther initial amount...

  1. 2,252 Posts.
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    Setmefree i think NAIF give the balance not ther initial amount so would need some banksters on first.
    Altogether dissappointing to say the least.
    Couple of worrying things here 
    BBs continually posotive outlook which is not always justified .The saying nothing about any black clouds on the horizon works for a short while but eventually it wears thin
    The cash burn is also worrying.  If I and most people start a business you sort of expect a minimum of five years with minimum salary These people all get pretty healthy salaries but the same benefits of of owning a company.Perhaps if they got one free option for every share they purchased some harder looks at the cash burn
    In the meantime we have taken on extra people but not produced tangible resuts.Lets face it not that hard to sell of a percentage of your company at more than 20 percentbelow its market value.Used to love it when I was a so called soph particularly if I already held,.Just sell and then buy back at 20% or more cheaper.
    BB has spent enough time telling us how frequently he sees the Koreans and how they have given "no indication of anything changing"
    If the coms are so good and the relationship so strong how come they have not helped facilitate a measly $5m loan
    very dissappointing - no wonder BB has switched off his twitter
    Hope they get to sorting themselves out quickly my patince is starting to wear thin
 
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