I like AUZ because:
- One of largest nickel deposits in Australia, which is also a safe jurisdiction
- Already completed Bankable Feasibility Study and in advanced discussions with potential offtake partners, understanding such large investments took time
- Anticipate that will complete within months given upcoming shortage of nickel for electric vehicles with nickel price going through the roof
- Possibility of Biden winning with promise to invest $2 Trillion in such industries
- Identified targets to drill that would further expand the AUZ resource
- Good cash position
That’s my view. As always, DYOR.
Why I like AUZ
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $6.054K | 774.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 7195629 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3688795 | 12 |
View Market Depth
| Last trade - 10.31am 03/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |