AUZ 6.25% 0.8¢ australian mines limited

Looks like the tomfoolery on the LME continues.After the Nickel...

  1. 59 Posts.
    lightbulb Created with Sketch. 71
    Looks like the tomfoolery on the LME continues.

    After the Nickel price spiked 250% to US $100,000/t then meddled with, then dropped hitting imposed daily limits of 5% 8% 12% and 15% it has since bottomed out and hit the 15% limit up 2 days in a row...

    As I've stated in previous comments, I don't expect it to stay so high forever but the higher it is and the longer it stays there the better it makes AUZ's financials look given the 2019 BFS was based on US $19,842/t and it's up around US $37,000/t.

    Better looking financials means more likely investment. Fingers crossed for an announcement soon.
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 15.38pm 28/06/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.