"I for one, am very happy with that risk reward profile and suggest that even at 15c or 20c AUZ is a steal right now"
AUZ is not a 'steal' at a market cap of of $560M at the present moment!
That is just a ramp and is misleading.
It was a 'steal' a few months ago - but not now. Given the current stage of progress, it is more around 'fair value' at $300M - and the market agrees.
Both the 'fair' value and 'spec' value will go up when and if important boxes are ticked - most particularly acceptance by SKI of sample quality, positive BFS, securing of mine finance, successful mine construction, continuation of cobalt and nickel price trajectories, Flemington drilling results etc.
There's a very good chance - but no guarantees - that the key boxes will be progressively ticked. So it's a great stock to be in - right place at right time.
But the obsessive compulsive-nature and impatience of much of the posting here and the almost daily desperation for a rocketing SP gets rather tiresome.
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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($) | Vol. | No. |
---|---|---|
0.8¢ | 1162005 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 25796116 | 0.007 |
26 | 42654224 | 0.006 |
13 | 5581699 | 0.005 |
9 | 6584859 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1042005 | 8 |
0.009 | 5394092 | 16 |
0.010 | 3248924 | 17 |
0.011 | 1742952 | 11 |
0.012 | 4297167 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
AUZ (ASX) Chart |
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