It is possible that the world is 'going electric' but it's also possible, indeed probable that the EV bulls are overly optimistic on the timing. Nevertheless, every 2 bob nickel/cobalt 'deposit' will not participate in this 'inevitable disruption'. AUZ, in my opinion, is in that category. Contrary to what the resident AUZ experts say, Sconi will never make a profitable penny. Laterite history confirms that. From what I've seen of your leader, Sconi is a basket case. Bookmark this post for a 6 month review.
Vintage is right. Nickel from Indonesia will snuff out the Oz pretenders. It'll take 5 or so years.
Electric Cars, page-215
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $29.48K | 4.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2484166 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2861544 | 10 |
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| Last trade - 11.09am 17/09/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |