"Does anyone have any idea what AUZ may get to on the next good Ann. There was talk of around 18 to 20 cents previously if I remember rightly, but after the last few days that may have changed"
RR - no-one has an idea that's worth anything because there are just too many unknowns - both at the macro-economic level and at the industry and company level.
However the price will go up - perhaps substantially - if:
1. the company keeps progressing according to the key milestones - pilot plant production, offtakes for Sconi, DFS for Sconi, development partners for Sconi, resource expansion at Sconi, jorcs at Flemington and Thackaringa
2. the inevitable major correction/bear market does not impact AUZ' ability to raise development capital
3. there is no negative changes to the prices/demand for cobalt, nickel and scandium.
If one or more of these things falter, on the other hand, the the price could go down substantially.
No-one knows exactly. It is high risk - but a high reward risk.
"I really like the company and the space so it's no big deal just holding for me, I have faith in AUZ"
Don't get carried away with 'faith' in a company at this end of the market. There is not enough track record and ALWAYS stuff that you do not know. Watch it like a hawk and remain alert and agile. Above all, do not fall in love with this or any stock. Only fall in love with the potential and, if and when that falters, move on quickly.
(20min delay)