This is incredible , 30km of strike? Look at the thickness on those clays.
Jeez, putting news out this late, I had to scramble to buy in the match
The scale on this project is enormous and this block is only like 1/10th of their total landholding. For comparison, BRE's recent acquisition is just north of this block and they paid $15m AUD.
The play here is simple, stick some auger holes and get taken out by BRE. Airborne data suggests AUZ is smack bang in the middle of a giant anomaly, and I mean GIANT.
Where this will go...no idea. I made good coin on another Brazil REE stock (still holding).
BRE know the sheer scale, and hence their aggressive land grab. I would say AUZ has one of the better lands in the region, they should be able to achieve some very high IAC grading.
For comp, BRE is valued at $300m EQN is valued at $30m (no update on their project) , we should be valued at $30m-50m
all IMO
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $4.922K | 615.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 13889107 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 2205891 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 13914107 | 0.008 |
29 | 18748579 | 0.007 |
17 | 11334558 | 0.006 |
10 | 6010000 | 0.005 |
7 | 5480000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 2205891 | 14 |
0.010 | 5129370 | 26 |
0.011 | 5386784 | 18 |
0.012 | 5415576 | 9 |
0.013 | 1850000 | 4 |
Last trade - 11.29am 05/08/2024 (20 minute delay) ? |
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