Of course capper/s in the know and replacing cheaper stock down the track won't hurt them ...
Now, my point wasn't direct to project been expensive to get it on production , there is no way auk or any of small asx specs to bring in production such projects by themselves , we all know that .
But if you compare it's peers you'll find out auk is super cheap for a cobalt/nickel and that's even without mentioning it's 1.15moz of gold project ..imagine if cobalt keeps going up ?
Here is a peers comparison and it mentions that project is sapolite/limonite ...
http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm11February2017.pdf
Of course capper/s in the know and replacing cheaper stock down...
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $5.743M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $46.62K | 15.54M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6234543 | 0.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 26809931 | 6 |
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| Last trade - 15.02pm 11/07/2024 (20 minute delay) ? |
| AUK (ASX) Chart |