Each project would cost hundreds of millions if not billions to develop, I am not sure who will even be interested funding AUZ for Brazil REE project alongside with BRE which already has the Hancock family chipping into as competition.
Good to stay as a story stock then continue releasing high grade exploration results then do capital raising to bring the share price back down with people getting trapped into this cycle.
Ann: Half Yearly Report and Accounts, page-16
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0.8¢ |
Change
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Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $7.069K | 988.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 11334814 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 981944 | 12 |
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| AUZ (ASX) Chart |