AUZ are I think only producing at around 1200 t nickel a year, which is pretty small beer. Before I would invest in AUZ, I would probably want to know three things:
Given the problems they had earlier in the year, have their cash costs (per payable, not contained, lb) settled at a sustainable level?
What cap ex will be needed to exploit areas not currently serviced by a decline?
Can they increase their production levels?
Good luck to holders
angus
whats going on?, page-3
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