Wow. Well done holders, I was contemplating buying on open but didn't have confidence given little volume. Sure turned around midway through the session. I've been sitting in AUZ for years. It's been painful. Grades are much, much better and they have a BFS and off take agreements but no way of funding the $1b cappex. I get the location of WMG may be better, but if AUZ is stuck with such a big deposits and grade, what's the end game here?
AUZ defined Ore Reserve (57mt @ 0.58% Ni and 0.08% Co) and 30-year operation life, BFS projected average annual nickel sulphate production of 46.8ktpa (61.0ktpa over years 2–10) and average annual cobalt sulphate production of 7.0ktpa (10.1ktpa over years 2-10). AUZ market cap $16m
Ann: MTD023 Assays Confirm Discovery of Significant Nickel System, page-147
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $20.22M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.0¢ | $19.11K | 71.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10827 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 8500 | 1 |
View Market Depth
| Last trade - 11.57am 03/09/2024 (20 minute delay) ? |
| WMG (ASX) Chart |