AUZ
Stock Code
Stock Exchange
Australian Mines (AUZ) is involved in the business of exploration for nickel and gold. It was listed on 28 September 2001. AUZ owns 100% of the Blair Nickel Mine, just 35km south of Kalgoorlie in WA. AUZ does not have a treatment facility and ore is sold to WMC. Blair is a relatively low-grade underground mine but is capable of generating a very strong cash flow when the price of Ni is high and mine development costs low. Subject to feasibility, the Marriott’s Nickel Project will be AUZ’s second mine. Payable Ni produced in 3Q08 was 239t.
Sharemarket Tuesday will be filled up with many Annual General Meetings as there are no floats and ex-dividends scheduled on November 29, 2011.
Annual General Meeting
Research the old dividends for Australian Mines. Dividends are a portion of company profits paid out to shareholders. If Australian Mines Limited has announced a dividend, you may be eligible to receive AUZ dividends if the trader the company's shares on the ex-dividend date. In order to receive the dividend payout, investors must purchase the shares before the ex dividend date. The previous owner of the shares will receive the dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
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