369 tonnes / quarter = 369 * 2240 = 826,560 lb/quarter
Cash cost of $A 3.85 per pound and average nickel price $A 8.03 per pound = A$4.18 per pound profit.
826,560 lb/quarter * A$4.18 per pound profit = $3.5M per quarter profit.
4 * 3.45 = $14M profit per year - not bad for a company with a market cap of $21M
Is this a PE of 1.5?
AUZ must be a good buy. What if production were to increase? And what about the exploration potential.
Nickel prices between US$5 and US$7 per pound is a fabulous return (currently over US$6/lb).
369 tonnes / quarter = 369 * 2240 = 826,560 lb/quarterCash cost...
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0.9¢ |
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Mkt cap ! $12.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $13.73K | 1.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 7636857 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1734242 | 8 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |