He's not a goose, but novice punters get spooked, then stop losses get triggered and momentum cant be stopped = objective achieved.
*AU$20mil in the bank
*Demo Plant operational ~1month
*Potential OffTake Partners waiting for samples
* We all know there are a lot of large Co's out there that will need to secure supply
* AUZ is amongst a select few that will be able to provide samples via plant and not lab samples.
* Sconi has all required statutory approvals in place to commence mining if DFS (Q1/2'18) comes in viable and finance secured...a big, big plus to potential end users.
* Qualification time of samples does not take long.
* I don't think the question is if we get an offtake, but who will it be, and how many?
Don't give your shares away when you know what is coming, there are many Pro's out there and will use their tactics to get your shares as cheap as possible, then when it starts running aging in a couple of weeks leading up to sample shipments, you'll be buying in again and so it will continue meaning you will be paying full CGT every year.
ALL IMO, no financial advice but that's the way I see it.
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Last
0.8¢ |
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Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
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33 | 49424111 | 0.006 |
14 | 31150199 | 0.005 |
9 | 8654750 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
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