AUZ 14.3% 0.8¢ australian mines limited

Ann: AUZ enters research partnership to develop scandium alloy, page-34

  1. 223 Posts.
    lightbulb Created with Sketch. 86
    I am following up with Sophia to get clarification as to the announcement with regards to a couple of statements in it.

    However, what I find exciting is  the following:

    "The ability to provide such a vastly superior aluminium-scandium master alloy to the automotive and aerospace industries at a substantially lower price may enable Australian Mines via Metalysis to deliver a highly cost-competitive scandium alloy that could position the Company as a global leader in the emerging light-weight alloy sector."

    From this we know that our partnership with Metalysis will provide a vastly superior and competitive product at a vastly lower cost (huge competitive advantage over our competitors).

    So for me, don't really care if we use more or less of scandium in the end product as you can't beat a product that is better and cheaper for the end user than all other competitors. This means demand will be very high for our product in the automotive and aerospace industries.
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $11.18M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $15.90K 2.227M

Buyers (Bids)

No. Vol. Price($)
7 5373543 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2804428 18
View Market Depth
Last trade - 15.08pm 11/09/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.