MLM 6.06% 3.5¢ metallica minerals limited

Sconi sold - a good job by Management!!, page-6

  1. 159 Posts.
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    Gregbb,


        It's  AUZ  share  price  outcomes  you  should  be  looking  at  in  assessing  managements  performance. AUZ  go  from  1 cent  to  15 cents  after  the  SCONI  purchase  and  now  back  to  6 cents. MLM  at  the  time  of  SCONI  sale  around  7 cents  and  now  half  that. Conclusion : They  have  performed  12  times  better  than  we  have !!


       And  they  now  have  exposure  to  metals (Nickel,cobalt)  that  most  pundits  expect  to  boom  due  to  the  forecast  electric  vehicle  and  battery  storage  craze  taking  off  around  the  world.


        Look  at  AUZ's  BFS  numbers for SCONI. Imagine  how  much  better  a  deal  we  could  have  extracted  had  we  waited  on  these  to  be  published:

    https://hotcopper.com.au/data/attachments/1361/1361184-1c8b9bcfbc6797567b53037035d717d4.jpg

      Cheers - Surfydad

    Sc
 
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