The share price historically has been driven by co/ni prices more than anything else. That is the major driver from a viability point of view. Granted the dilution hurts with all the CR’s and delays but the SP isn’t going anywhere below 2 cents even if the news is negative. IMO. Cobalt shortages are drawing ever closer as we tick towards 2020 and a lead time will be required to build the mine.
Good chance Cobalt will be $40k USD per tonne by December.
Momentum is with AUZ. Good or bad come Monday
The share price historically has been driven by co/ni prices...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $59.24K | 5.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 437625 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 7999864 | 25 |
View Market Depth
| Last trade - 15.46pm 11/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |