Furthermore, AUZ shareholders (at least a large portion) are anticipating numbers in the ball-park of BRE's grades???
Very slim chances of that happening IMO, but that's just my opinion.
Scenario: What happens if the grades are below 1% TREO????
Would AUZ still be able to raise with mediocre results of say 5,000 ppm TREO?
I mean, there must be hundreds of other ASX explorers with those grades.
AUZ would already likely have a pretty good idea of what sort of grades they're going to get.
Perhaps, those expected grades will be much lower than what shareholders are anticipating.
What sort of grades are shareholders expecting? 1%, 5%, 10% TREO ????
As many have already pointed out, the history of this company has been fairly consistent (Not positive).
Furthermore, AUZ shareholders (at least a large portion) are...
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0.9¢ |
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Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $3.286K | 365.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2675446 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5635057 | 24 |
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| Last trade - 12.36pm 23/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |