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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 31/10/18

1 year TSR5 year TSR
35thAustSino Resources Group143%42%
157thAspire Mining32%-19%
463rdAura Energy-18%-20%
748thAvenira-61%-35%
784thAustralian Mines-67%46%
744 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

388th↓Aspire Mining$0
389th↓Aura Energy$0
390th↓Australian Mines$0
391st↓AustSino Resources Group$0
392nd↓Avenira$0
512 listed resources companies ranked by revenue.
Source: Morningstar

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