I would buy at these levels . Given the work that this company has quietly put in these last 3 months ( namely detailed mine layout, long for off take agreement with SKI and thereafter the optimised BFS, I believe a string of very positive news items will be forthcoming. We are presently caught in the doldrums and the SP is still laden with negative CR related inferences . By mid April I expect to see a very positive set of announcements emerging .
Fundamentally I remain very positive given the demand for EV materials in 2021 and beyond, the ore body quality at Sconi, the mine layout and infrastructural support . I do believe Sconi will be mined ( perhaps with a more modest Capex) and in a worst case scenario, the asset will be bought out for a major.
At 2.6 C , this is a damn fine bet.
I would buy at these levels . Given the work that this company...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $11.7K | 975.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 35271719 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 612037 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |
