$70m/year cash flow pa, cap=$29m re: worth reading 10c is my ultimate target on the options.
Great to see AUZ is now a valid Hot Copper code. Wonder if OzEstock is covered by this as well?
AUZ plan to mine just over 3500t Ni per year at Blair. At a conservative A$20,000 per t Ni this is a cash flow of $70M. Amazing for a stock with a market cap of $29M (TTR cap=$38M, VRE cap =$74M). Sold the last of my VRE yesterday 10.5c (bought 4.3c and 4c). $70M pa is around $6M/ month - double that of TTR. VRE's production figures are scatty but I doubt VRE have a Ni production and consequent cash generation above AUZ.
AUZ have an open ended Ni resource of 10,000 Ni tonnes. High-grade nickel hits. AUZ never rose in 2003 anything like nearly all other nickel stocks. Exploration growth potential to boot.
Enormously under valued stock imho. Do I have AUZ and AUZO? - you bet!
code acceptance- yesss, page-6
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Last
1.4¢ |
Change
0.002(16.7%) |
Mkt cap ! $19.57M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.5¢ | 1.2¢ | $652.5K | 47.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10700000 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5126249 | 8 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |