I'm new investor and have no knowledge about mining. However, I do calculate myself to figure out how AUZ's SP based on each 100mil of MC.
100mil --> SP ~ 3.9c
200mil --> SP ~ 7.8c
300mil --> SP ~ 11.7c
400mil --> SP ~ 15.6c
500mil --> SP ~ 19.5c
(I predict AUZ can reach 500mil after June 2018 after completing BFS and be rerated)
I stop calculating in 500mil because I estimate by myself, with a reference from CLQ's MC (~800mil now)
Our SP is 2.6c, I realise that 2.6c is still cheap and undervalued its potential.
Keep calm and patient Australian Mines lovers![]()
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