Meerkat
Sorry for my ignorance but I thought the news coming out of Blair hasn't been as bad as you discribed. Obviously their last announcement states that the resource in area 57 isn't as large as expected, but this should be countered but potential resource extensions identified of late. They have cash, exploration potential and of now should be achieving strong cashflow figures. I read a couple of reports with targets of 27c and 35c. Happy to hear any views to the contrary so I can come to a balanced conclusion.
Of interest I have noted that since nickel prices have fallen the nickel stockpile has been significantly reduced in the last couple of weeks (from around 14,500 to below 13,000). If this continues we may see a return to much higher prices.
I also like TTR so good luck to all holders. Given that fundamentally nickel prices should remain strong it would be an excellent chance to pick up some quality nickel stocks (MCR, IGO, TTR, AUZ) but unfortunately I have neither the cash nor the balls!
Mookie.
Good luck
auz-ttr, page-6
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $34.02K | 4.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3693178 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4839817 | 12 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |