AUZ 7.69% 1.2¢ australian mines limited

Substantiation of a hypothetical situation? ‘I’ll pretend I’m a...

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    Substantiation of a hypothetical situation? ‘I’ll pretend I’m a banker’. Real world? This is the internet. ( not meant to offend on the real world one- it’s just the way I view the internet compared to the world I can touch ).

    Thanks for trying to get me to do a post that someone could perhaps accidentally hit ‘like’ on before reporting it to be moderated for cross promotion or whatever but I won’t bite- AUZ projected cost of extraction per pound of nickel is $5.73. Another is $4.76 Yet another is $4.73.
    ( no offence intended, I just know that cross promotion is a no no by those same TOU’s & I’m sure I’ve hit like by mistake before- who knows? Maybe someone else has too ).

    I trust that people are more than capable of going off to find out where those numbers come from & if they aren’t? Oh well.

    AUZ may do well. It may not. The only issue relating to my post is that there are lower extraction cost projections out there. If I had money I didn’t need I’d back this just to cover as many horses in the race possible.

    Some may wish to come back with ‘but they’re just cost projections & real costs could be higher!’
    To that of course the logical answer is ‘yes, that is true for all cost projections, including the highest of $5.73’. Of course all companies put out their best numbers & $5.73 is the best AUZ could come up with.

    All the above is just for the sake of comparison which the industry has set, not me.
 
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