AUZ 7.69% 1.2¢ australian mines limited

Bullseye. The bankers will be looking for the biggest deposits &...

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    Bullseye. The bankers will be looking for the biggest deposits & cheapest extraction costs.
    This moment in time is the proving phase where the smaller higher projected extraction cost deposits will be pushed to the side.

    I’ll pretend I’m a banker ( yeah yeah- binfield for bankers haha if anyone else grew up on the north shore back in the 80’s ). I see a deposit with a projected extraction cost under $5. I see another one with a projected cost of over $5.

    I will lose my job if I don’t choose the one with the sub $5 cost projection.
 
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