At 20 c - That pretty much gives you a fair valuation for just Sconi Project.
Flemington is running hard on it's heals, the question is, do we have another 66k tonnes of Cobalt in Flem?
Judging from the size of land tenements and Flem being of the same ore body to CLQ's systerton, then I'd reckon we can easily get north of 70k tonnes Co.
So in essence we should be valued @ Sconi $20c
& Flemington $20c.
My Target for this is 40c mid next year.
As once the market starts to re-rate to full value and 'notices' the glaringly disparity between CLQ and AUZ's mk caps, it will rapidly, as is being seen now; adjust AUZ's MK CAP to something approaching that of CLQ.
40c in 8 months time. a prediction.
555% from 6.1c
Stay Strong and Long
555% upside
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $7.559K | 1.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 25996116 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1162005 | 9 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |