I think you're guessing at price targets - when you say 'by all accounts', I don't think that's true.
The following factors will play a part, and they're contrary to the situation playing out as you claim:
- price of nickel, cobalt, scandium : these are not going anywhere soon
- availability of capital : much capital has fled the market, will get back in but with the right things
I don't see 1.9c - 2.0c. I think that's a convenient figure which happens to be double where we are now.
Ann: Quarterly Cashflow Report, page-36
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $1.118K | 139.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 6877721 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4261302 | 13 |
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| Last trade - 10.00am 02/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |