Not sure what I am missing here with AOU.
It is capped at 50mil.
The company has 45k tonnes of contained nickel(21k tonnes at jorc 2012 and 23k tonnes at jorc 2004) above 2% across 3 projects with largely proven metallurgy all withing trucking distance of the three BHP nickle west processing facilities.
AZS has 51k tonnes contained nickel at 1.1% and 21k tonnes contained copper at 0.47%. Note the company has a net ownership of 30k tonnes nickel and 12k tonnes contained copper due to the 60/40 project ownership split with the creasy group. The asset is stranded and needs a processing plant to develop and get the metal out of the ground.
AZS capped at $115mil.
Contained Nickel comparisons
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