AUZ 0.00% 0.8¢ australian mines limited

Ann: Half Year Accounts, page-27

  1. 519 Posts.
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    It matters not whether your a holder or not, nothing in the HC guidelines stating that if you don't hold a particular stock you are not allowed to post your opinions, I actually like to read other people's opinions it gives a balanced view.

    In any event a lot has been posted about the skyrocketing nickel prices due to various factors and how good it is for AUZ when it actually could be the catalyst for AUZ not being able to secure funding.

    Why you ask, well the huge increases of the costs of both Nickel and Cobalt related to EV battery minerals will have many if not all battery manufacturer's looking for cheaper options, currently those options are the LFP Battery and the Sodium Ion Batteries, these batteries use zero Nickel and Cobalt if the high cost of nickel and cobalt continue to spike, watch the big battery manufacturers jump ship to go all out in these much cheaper and much safer technology's, yes nickel is going through the roof is it a good thing maybe only for those with their heads stuck in the clouds thinking nickel and cobalt is the be all and end all of the EV Batteries technology.

    AUZ MINES is facing huge obstacles even with prices of these minerals increasing, so not only have they funding to worry about but the fact it's minerals will be priced out of the EV Batteries in the long term imho.
 
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