Looks good for a nickel miner with a market cap of only $21M: -
Successful transition from development to production in the Area 57 ore-body.
Ore treated for the quarter was 15,713 tonnes at 2.35% nickel for 369 contained nickel tonnes.
Cash cost of $A 3.85 per pound and average nickel price received was $A 8.03 per pound for the quarter.
Significant improvement in the understanding of the stratigraphic and structural setting on the Blair leases with the completion of the ultradetailed aero-magnetic survey.
Cash position of $1.8 million and project loan free after repayment of $1.95 million to Rothschild and current nickel hedge position of 282 tonnes at $A20,001 per tonne.
quarterly - auz looks to be in a strong position
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Last
0.8¢ |
Change
-0.001(6.25%) |
Mkt cap ! $10.48M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $7.069K | 988.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 11334814 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 981944 | 12 |
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| Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |