First let me establish I lost a fair bit of cash on AUZ a while back. Couldn't believe that they could lose a tonne of money in a nickel boom. I therefore think that it is a good sign that I have bought back in.
All indications for the short term look excellent, including:
* Higher nickel grades this quarter ie greater production
* Lower costs of production due to higher output
* Record nickel prices and
* Feasibility work into an open cut gold resource at Duplex Hill
So given this the quarter should be very profitable. Guesswork only but mayby $1 mill - not bad for a company with a market cap of 11 mill (1.5 cash in the bank) and a potential viable gold resource.
Could be a good option for the next couple of months although it tends to be a daytraders plaything.
Any thoughts on profits this quarter or how much cash the gold could spin out?
Mookie.
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Last
0.8¢ |
Change
0.001(6.67%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $56.30K | 7.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 10199308 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 2965332 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 8799308 | 0.007 |
33 | 49424111 | 0.006 |
14 | 31150199 | 0.005 |
9 | 8654750 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 2822475 | 12 |
0.010 | 3994631 | 25 |
0.011 | 4797820 | 13 |
0.012 | 3385705 | 6 |
0.013 | 2831000 | 7 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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