Watch the latest qtr report very carefully. I suspect it will be in red again because of dropping nickel price.
My distant memory is the cash cost is very high for AUZ. Last two qtr's cash cost is above $20/lb (including development cost). exclude development cost, it is about A$14. We are talking about US$14/lb nickel over last qtr, and average 86c Aussie dollars.
Hope it can hit some high grade nickel to drive down cash cost, and people are paying more attention to the exploration upside.
what is happening, page-9
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $59.24K | 5.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 437625 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 7999864 | 25 |
View Market Depth
| Last trade - 15.46pm 11/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |