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Aust Mines buys out JV partner for $10m

Local explorer Australian Mines has entered into an agreement to buy out its joint venture partner at the Sconi cobalt-nickel-scandium project in Queensland for $10 million in cash and scrip.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
22ndAustralian Mines333%70%
482ndBerkeley Energia-8%21%
623rdAusmex Mining Group-31%-18%
667thAuris Minerals-38%-35%
722ndBattery Minerals-49%-23%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/04/17
$10k Issued
07/04/17
$10k Issued
07/04/17
$14k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

376th↓Auris Minerals$0
377th↓Ausmex Mining Group$0
378th↓Australian Mines$0
379th↓Battery Minerals$0
380th↓Berkeley Energia$0
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Australian Mines

460thBenjamin Bell$265k
1039thMichael Ramsden$71k
1164thDominic Marinelli$51k
Ranked by total remuneration from all listed WA companies

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