AUZ 14.3% 0.8¢ australian mines limited

Ann: Environmental Licences granted for mining operation at Sconi, page-60

  1. 3,785 Posts.
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    I was in AUZ when they were into nickel around 10 years ago and so when I came back I don't have any great expectations of management, However, I am familiar with CLQ and the potential of scandium, cobalt and even nickel. It would appear that AUZ do indeed have a world class resource and as pointed out today pretty far along in terms of preparation to mine. Indeed they seem to have two fantastic deposits targeting metals of the future. Additionally they should have a significant amount of newsflow coming and I expect much of it to be very positive.

    Now while CLQ and AUZ obviously have their differences there is an enormous difference in market cap between the two and I can see it narrowing significantly.
 
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