AUZ 5.00% 1.9¢ australian mines limited

AUZ Chart, page-83

  1. 6,840 Posts.
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    Dilution is dilution which ever way we choose to view it. But you're right in saying that AUZ will be 19% better of financially. That won't be enough to build a mine however so there will need to be more equity/debt funding to come.

    My overall point is that if/when SK invest, there will be dilution and so IMO it makes little sense taking a large position in AUZ until after that occurs.
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