AUZ 7.69% 1.2¢ australian mines limited

Something you can note. SK did not want that discount as set out...

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    Something you can note. SK did not want that discount as set out in the agreement at the time of the deadline. I wasn’t talking about that far off land known as the future. ( my mistake if that wasn’t clear ).

    Of course something may happen in the future. That’s a throw away thought that every human on the planet has regarding everything on the planet.

    Saying others have more is not unfounded at all. It is fact.

    This whole forum could easily be renamed : Home of the conscious intellectual disconnect.

    If you believe in it as a stand alone thing disconnected from the reality of existing in a world where there are bigger/smaller players then cool. That’s your thing. The fact is that the uninvested board have produced data that show they have less minerals even when using a lower cutoff.

    The current drilling will have to show the assumed deposit to be many times that size to be the equal of another in Australia. Best of luck with that but I don’t think boasting about a few more tonnes under the spot where some processing or whatever plant was supposed to go was any indication of real confidence by the people steering the ship.

    Too much from this board stinks of desperation to cash in on market prices back in 2017.

    I’m starting to become embarrassed at contributing to the constant steam of ‘if we just hold on to each other tight enough’ posts... time to give myself an uppercut, flush the radiator on one of my excavators & actually get something useful done today.

    Cheers for the reply- the thing that gets me here is that people need to believe or be willing to gamble on hope as opposed to playing it by the numbers. It could work out really well or it could work out really badly for them. Only our unknown friend- the future- can say.

    @Alway It is a good business strategy if you have the firepower to push prices so low that some competitors are knocked out of the market. OPEC vs The World is a good case study to learn about that.

    Ergo a large part of the trouble these deposits and management will have in finding finance as there are larger & cheaper deposits out there.
    Last edited by Kablooey: 10/03/19
 
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