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1.0¢ australian mines limited

"The new CEO has pulled Auz around" What a crock!!!and then this...

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Muay

1,290 Posts.

270

04/03/24

11:22

Post #: 72728785
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Originally posted by Gccc12: ↑

Need Nickel price to rebound.

Unfortunately Nickel price has been very inconsistent and fluctuating.

History has been tough for nickel producers such as palmers Qld nickel, it's alright when prices are high.

Covid
Indonesia
recession
slow down of electric vehicles
interest rates

These all killed Sconi. The board can't control any of these situations.

Shareholders get chances to vote and done nothing .

Sconi needs a partner and government support.

It still has a chance need to get lucky with a USA or India.
Sconi wants to be a chemical producer end product they need to lock in a price that keeps everyone happy.

Auz looks like they are going to get lucky with Brazil.

Honestly I did almost give up on Auz if only Sconi was on the table .

The new CEO has pulled Auz around, focus on Brazil until Nickel price rebounds. Going by future results nickel will rebound.

No one is forced to invest in Auz, there are always risks involved.

Hopefully Auz gets some luck now they deserve it.

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"The new CEO has pulled Auz around" What a crock!!!

and then this cracker "Going by future results nickel will rebound" ok Nostradamus that makes NO sense

another day with AUZ or whatever they're going to call themselves

Last edited by Muay: 04/03/24

AUZ Price at posting: 1.5¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $13.98M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$242.2K	24.04M

Buyers (Bids)

No.	Vol.	Price($)
34	15940258	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	5156448	6

View Market Depth

No.	Vol.	Price($)
34	15940258	0.009
20	35754501	0.008
15	14772142	0.007
7	6530000	0.006
7	5950000	0.005

Price($)	Vol.	No.
0.010	5156448	6
0.011	1746269	12
0.012	4933785	15
0.013	3004204	12
0.014	5815992	17

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 1.0¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
1.1¢	1.1¢		1.0¢	7509300
Last updated 15.29pm 03/05/2024 ?

AUZ (ASX) Chart