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
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $34.11K | 3.497M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1161990 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 8076002 | 21 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |