Surely with ever increasing metal prices, AUZ shareholders will benefit?Quite basic I think given Ni prices forecasted to be significantly higher by the time AUZ goes to production.
it will be interesting to see CLA DFS when that comes out. looks like they are going to need similar CAPEX to extract their metals.
Given the forecasted Ni shortage worldwide, and the next foreseeable source being mainly laterites, logic demands that production be profitable to extract metal, and hence Ni prices bound to headed north to a point where shareholders see a nice profit.
Long term play here, binwood
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26 | 16557726 | 0.009 |
18 | 25279377 | 0.008 |
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Price($) | Vol. | No. |
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