AUZ australian mines limited

Why is AUZ undervalued?, page-2

  1. 2,060 Posts.
    lightbulb Created with Sketch. 256
    The important stat is the market cap differential - CLQ is 17x AUZ (so share price little relevance in this context).

    Column 1 Column 2
    1 CLQ $647,562,444
    2 AUZ $37,967,352
    3 Circa relative valuation 17.1x
    I don't hold CLQ, only AUZ.

    Well I am sure there are many others factors for the differential - but here are some obvious ones:

    Strategic Partners (always key) and Funding (Cash is King) and Development Stage

    CLQ has strategic partnership with Penguin Mining with a A$81m placement and A$15m placement to Australian Super. CLQ currently had $89m in cash 30 Jun vs AUZ at $4.6m

    CLQ is using money this quarter for early development activities and AUZ still primarily exploration/pilot plant, but Sconi could be in development (as fully permitted) from next Jun 18 (s.t. finance), noting strategic decision with two main assets.



    DFS/DFS

    CLQ $891mUSD to $1.23B USD (incl Sc) in PFS with DFS by Q4 17
    AUZ Sconi A$273M (pre-tax) for only phase 1 - Sc only in Mar 13 PFS, with DFS due Q1 18 including phase 2 to include Co/Ni (and FID) - should usher in a big rerate but noting capex/funding requirements (and shares on issue).

    Product and MOU/BOAs

    CLQ pilot plant has provided products to off take MOUs and has first BOA (20% of off-take), AUZ won't have test product to potential customers until Nov 17/BOAs Dec17

    ASX300

    CLQ in ASX300

    I also think AUZ is undervalued and due a rerate, and has some great news flow that may (like IMO) make that happen.

    AIMO/DYOR etc
    Last edited by ElonMusk16: 17/09/17
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $9.789M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $40.14K 5.414M

Buyers (Bids)

No. Vol. Price($)
53 42873250 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 22342423 11
View Market Depth
Last trade - 16.10pm 10/07/2025 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.