People are starting to catch on. This is way undervalued for what they claim they have. Only 95m shares on issue and 21m options.
AUZ have 54,500 tonnes of cobalt and CLQ have over 100k tonnes. They are laterite deposits which require HPAL which comes at a massive cost. Yes they have nickel also. Their market caps are at many multiples to COB’s.
CAPEX and OPEX should be significantly lower for COB for reasons that have been explained. I imagine they wouldn’t struggle for investors for the future plant.
Current market cap is around 70m, this is very low for what they already have. People can see this and are buying up. It’s not easy to accumulate a large position without moving the sp considerably.
This is only the beginning folks. Wait till Hysteria kicks in
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Last
8.2¢ |
Change
0.002(2.50%) |
Mkt cap ! $34.64M |
Open | High | Low | Value | Volume |
8.0¢ | 8.2¢ | 7.9¢ | $23.01K | 283.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 29034 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 78824 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26076 | 0.080 |
2 | 50997 | 0.079 |
1 | 20435 | 0.078 |
4 | 238200 | 0.075 |
3 | 17985 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 78824 | 3 |
0.085 | 108522 | 3 |
0.086 | 56158 | 2 |
0.088 | 120000 | 2 |
0.089 | 50000 | 1 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
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