It's important to understand where the company is within it's life-cycle, the below graph is widely used and resembles the 'general' eb and flow of mining stocks.
We are quite literately at the turning point provided SCONI's funding gets secured.
In my opinion our current market valuation is perfectly aligned with this graph, i.e we are the bottom as we should be.
So if you believe in the AUZ story, if you truly believe - now is the best time to accumulate.
Flemington & Thackaringa also has every possibility of being a trump card for AUZ.
Remeber, Flemington comes with a completed Scoping Study, which indicated that the Project has the potential to generate an after-tax cash flow of $677 million over first 18 years of production (based on the existing Mineral Resource, which currently covers only a fraction of the prospective geology at Flemington).
AUZ at the bottom
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $56.21K | 5.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 12814215 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 787732 | 3 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
-0.001 ( 9.52 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 3232198 | ||
| Last updated 15.56pm 13/05/2024 ? | |||||
| AUZ (ASX) Chart |