ALL IMO. As per what BB has been quoted to have said in the EGM,...

ALL IMO. As per what BB has been quoted to have said in the EGM, AUZ possibly having breakeven prices for Nickel production at $5-6/lb, and Cobalt at $10-12/lb.

For Nickel, prices according to analysts IMO are headed to $18-20/lb in the next 1-2 years as shortage in stock squeezes prices upwards. IMO this means that expected prices would be THREE TIMES MORE than required to breakeven.

For Cobalt, say prices are at $40/lb, that is also at least THREE TIMES MORE than required to breakeven.

Given this matrix, IMO I now fully understand why BB has quoted to have said to be loves paying dividends at the EGM.

IMO, AUZ would have a significantly higher market cap based on this scenario, as funds start to buy in based on the prospective high profit/dividend ppaying possibility. IMO I cannot rule out a $2 billion plus market cap by end on 2020. (2* CLQ (800mill), given FLEM may be equal to CLQ, plus prospects of higher Nickel prices plus Thack prospect may be similar to COB).
IMO future is looking very rosy for us AUZ holders.

GLTA