Me too - AUZ has disclosed the "conceptual" net operating profit from Marriotts as $17.4m for 3 years based on a A$30,000 nickel price. At current nickel price, the return would be $63.6m for 3 years!
Now this is only conceptual and nickel price may well come down, but you also get the Blair mine (making over $1m net cashflow a month, mine life 24 months plus), mine and regional exploration, a handy gold resource and more, all for a market cap of $36m less cash of about $6m - you do the maths on a fair share price
Cheers
Monty
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0.7¢ |
Change
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Mkt cap ! $9.789M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $50.70K | 7.242M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 43146111 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 400000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 43146111 | 0.006 |
15 | 32827865 | 0.005 |
10 | 6504750 | 0.004 |
2 | 2400000 | 0.003 |
2 | 3400000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 400000 | 2 |
0.008 | 3391530 | 18 |
0.009 | 4741327 | 15 |
0.010 | 4705582 | 23 |
0.011 | 1646752 | 9 |
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