AUZ 0.00% 1.1¢ australian mines limited

All IMO....As an auditor of other junior miners, im under the...

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    All IMO....As an auditor of other junior miners, im under the impression that they needed the quick financing to get over the line for statutory reporting on the basis of going concern. yes their cash had dried up and was "questionable" from a numbers perspective. They were in doubt to continue operating if you look at cash and what was in front of them. This deal was a quick solution to tie them over for financial reporting purposes until they can get the BFS sorted and 20% buy in. I can only imagine how busy they are in their offices right now to get these accounts out to the market, Im expecting them very soon. If people are not receiving replies to phone calls from BB or other staff I would blame it due to this, IMO. As I've said before we have no idea what is happening in those offices but all I know is last time BB said something was well advanced, we received a 100% offtake 2 weeks later. My prediction is that we will receive the financials this afternoon and a possible update. If no updates come, I believe the BFS and financing will come out mid next month based on these advanced discussions. All IMO and am not affiliated with AUZ at all. Just a humble opinion.
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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