AUZ (ASX) Grade

Originally posted by Trader28 ↑

Have a read of this post:
Hi Atmoic

It would be great to have some eye and ears on the ground over there. f you are looking for a longterm holding forget the small daily ups and downs of the SP as nothing moves in a straight line. Correct me if I am wrong but it sounds like you are more interested in the fundamental prospects of the company. When I started with this stock 18 months ago I must admit I bought the shares off a recommendation with very little knowledge, since then I have only benefited by doing my own research on the company and the stock and what potential influences the stock could be shifted by. IMO here are
a few of the major influences to look out for with this stock, and to other LT holders who are more knowledgeable than I please feel free to jump in if I miss anything

Fundamentally it ALL comes down to the sustainable profitability of the mine resource
Forgive me if this is too basic, but the influences to look out for here are:-

Mine info:
Drill results (amount of resource, quality of resource and accessibility or resource) -providing broad assumptions on mine potential
PFS study - (more detail on mine resources and potential costs and revenue)
BFS study - (much more accurate report of production estimates, opex ,capex to determine profitability of mine)

Resource Market pricing - Cobalt and Nickle London Metal Exchange pricing (simple supply and demand determinants, Lithium battery use will play a bit part here)

Offtake partners - quality of partners and agreement details is important here

To address each of these briefly relating to AUZ:

Sconi - Drill results and PFS completed waiting on BFS due in Q1 2018 - also note AUZ looks to expand Sconi project tenement area by up to 10 fold
Flemington - Sample drill results completed and expansion drill results due in Q1 2018 with PFS planned for Q2 2018 - also note AUZ has stated they believe they have the other half of the ore body shared with CLQs Syerston aka Sunrise project and CLQ's current Mcap is $800mil based off that one single resource
Thackaringa - Release of exploration results due in December and results from this will determine drilling
Offtake partners - Demonstration plant completion and samples sent to offtake partners due in Q1 2018 then fairly short lag time between that and offtake agreement decisions
Resource Market pricing - Projections from an overwhelming amount of metal and EV experts say that demand over atleast the next 5 - 10 years will far out way supply for both Nickle and Cobalt, driving metal prices upward

Most of these are looking very favourable for AUZ. Q1 2018 could prove an absolute game changer, IMO current SP is bargain buying!!!!

Expand

Originally posted by Trader28 ↑

Have a read of this post:
Hi Atmoic

It would be great to have some eye and ears on the ground over there. f you are looking for a longterm holding forget the small daily ups and downs of the SP as nothing moves in a straight line. Correct me if I am wrong but it sounds like you are more interested in the fundamental prospects of the company. When I started with this stock 18 months ago I must admit I bought the shares off a recommendation with very little knowledge, since then I have only benefited by doing my own research on the company and the stock and what potential influences the stock could be shifted by. IMO here are
a few of the major influences to look out for with this stock, and to other LT holders who are more knowledgeable than I please feel free to jump in if I miss anything

Fundamentally it ALL comes down to the sustainable profitability of the mine resource
Forgive me if this is too basic, but the influences to look out for here are:-

Mine info:
Drill results (amount of resource, quality of resource and accessibility or resource) -providing broad assumptions on mine potential
PFS study - (more detail on mine resources and potential costs and revenue)
BFS study - (much more accurate report of production estimates, opex ,capex to determine profitability of mine)

Resource Market pricing - Cobalt and Nickle London Metal Exchange pricing (simple supply and demand determinants, Lithium battery use will play a bit part here)

Offtake partners - quality of partners and agreement details is important here

To address each of these briefly relating to AUZ:

Sconi - Drill results and PFS completed waiting on BFS due in Q1 2018 - also note AUZ looks to expand Sconi project tenement area by up to 10 fold
Flemington - Sample drill results completed and expansion drill results due in Q1 2018 with PFS planned for Q2 2018 - also note AUZ has stated they believe they have the other half of the ore body shared with CLQs Syerston aka Sunrise project and CLQ's current Mcap is $800mil based off that one single resource
Thackaringa - Release of exploration results due in December and results from this will determine drilling
Offtake partners - Demonstration plant completion and samples sent to offtake partners due in Q1 2018 then fairly short lag time between that and offtake agreement decisions
Resource Market pricing - Projections from an overwhelming amount of metal and EV experts say that demand over atleast the next 5 - 10 years will far out way supply for both Nickle and Cobalt, driving metal prices upward

Most of these are looking very favourable for AUZ. Q1 2018 could prove an absolute game changer, IMO current SP is bargain buying!!!!

Expand

Hi Trader 28

In my opinion the SP is only reflecting the value of Sconi.
The other projects have yet to be factored in.
Sure I like a bargain and have a level in mind to buy stock at.
I have ask some very basic questions about AUZ. I have my reasons for this, some
have taken it as a reason to attack me.
I'm actually quite familiar with a number of markets but
not small cap shares or fundamentals as I use tech only.
So thank you for putting forward a great post.
I still hope for a buying level in the 8c but do not take it as a down ramp.
Its my chart level.
Cheers

No.	Vol.	Price($)
35	27233748	0.7¢

No.

Vol.

Price($)

27233748

0.7¢

Price($)	Vol.	No.
0.8¢	3558654	11

Price($)

Vol.

No.

0.8¢

3558654

No.	Vol.	Price($)
35	27233748	0.007
26	52594224	0.006
13	5541699	0.005
9	6584859	0.004
2	2400000	0.003

No.

Vol.

Price($)

27233748

0.007

52594224

0.006

5541699

0.005

6584859

0.004

2400000

0.003

Price($)	Vol.	No.
0.008	2696805	10
0.009	5662994	16
0.010	2965022	18
0.011	1742952	11
0.012	4297167	7

Price($)

Vol.

No.

0.008

2696805

0.009

5662994

0.010

2965022

0.011

1742952

0.012

4297167

(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$31.21K	3.913M

Hi Trader 28 In my opinion the SP is only reflecting the value...

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

The Rising Tide: How institutional adoption is shaping the future of crypto

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Hi Trader 28 In my opinion the SP is only reflecting the value...

Top Stories

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

The Rising Tide: How institutional adoption is shaping the future of crypto

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News