What really happened, page-271

"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.