Sconi is AUZ's flagship project , the most advanced mine of its type in Australia with a resource equivalent to CLQ's Sunshine project , Flemington must be worth at least $700 million comparing CLQ's Sunrise project and market cap , CLQ is capitalized at around $1 billion , I wouldn't be surprised if CLQ make a bid on Flemington to control the lot not just half the resource , that will be a game changer for both companies .
AUZ is looking more and more like a multi $billion company , you can justify that market cap if all the above is correct , you got to give it to BB , he is a very clever and lucky man to secure these assets for peanuts, AUZ will make the rags to riches mining history books , fair risk for reward AUZ is worth 50c now and will rise significantly as more milestones and Sconi mining commences , our new OS institutional investors will be in for the long term and will be wanting a lot more of AUZ . big week ahead , DYOR.
AUZ Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
(20min delay)