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
0.000(0.00%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $2.197K | 299.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 14814624 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1366647 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 14814624 | 0.007 |
28 | 43298955 | 0.006 |
14 | 28835199 | 0.005 |
9 | 5979750 | 0.004 |
2 | 2400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1366647 | 11 |
0.009 | 4816204 | 13 |
0.010 | 3128764 | 20 |
0.011 | 2015770 | 12 |
0.012 | 4803367 | 8 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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