Wondering if anyone has any thoughts on AUZ long term valuation.
Medium term (by DFS in April 18) I think AUZ should exceed CLQ in terms on MC. AUZ has more resources, on track to start processing ahead of CLQ and an honest & competent management so logically AUZ will be the darling stock for Cobalt, just like GXY is for lithium. Current CLQ MC is around $800m so that should equate to a SP of $0.35 for AUZ.
Longer term would be a harder guess. Lynas Corp at its peak has a MC of $3.5b or so in 2010 during the rare earth boom. We are seeing many similarities in terms of demand and supply side conditions: strong future demand driven by Green tech, supply predominantly from 1 country, political instability affecting supply, etc. AT $3.5B MC, AUZ SP will be around $1.5. If AUZ ever gets there, without a doubt many of us will move in to Point Piper and be Mr. Turnbull's neighbour.
Any thoughts?
AUZ Long Term valuation
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AUZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $13.73K | 1.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7636857 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1734242 | 8 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |