Vintage,
They still do not dig it out the ground they have to buy it from someone, who does dig it out of the ground!
Also what's going great guns is the consumption needs are rising there is an article in mining news about the first Ore Trucks at mine sites going Hybrid with battery use so that's another start.
More consumption of Nickel & Cobalt its gets bigger everyday the demand , so stop beating AUZ the demand is there worldwide for nickel & cobalt the factories are tooling up and off we go.
Don't Tesla use NCA the ones that catch fire due lack of stability in battery anode heat due the removal of cobalt?
So also Ecopro are flat out doing batteries for battery drills more than EV usage.
So there is a few things you have not been truly revealed about Ecopro. Is that the majority of there business is based on batteries yes but for the power tool and other industries not the Automotive industry if I read that last phrase correctly.
AUZ Chart, page-4447
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Last
1.3¢ |
Change
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Mkt cap ! $18.18M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $5.874K | 451.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 23780989 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 3593683 | 9 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |