While I like what pringle says, his time frame is off.
There is no doubt that contract negotiations for end product Cobalt and Nickel plus a huge BFS with guaranteed funding will increase our companys' valuation but I don't see THAT price happening till at least June 2018.
I think the 30c will probably me more like 40c though.
It will be and always has been a waiting game but I expect some pleasant surprises also.
In the interim, there is no doubt that cash is needed for Christmas presents so there will be selling pressure, so I expect a 9-10c band. Breaking 10c again will need news.
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Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $7.069K | 988.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 11334814 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 981944 | 12 |
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| Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |