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For AOU to make a nickel discovery and quickly prove out a significant resource at one of its three nickel projects and get taken over by BHP or another mining supermajor.
After multiple drilling campaigns AOU failed to produce enough results of quality to trigger a long-awaited re-rate on an acquisition by a larger mining company. Despite moving into the development stage for its two primary nickel projects (scoping studies), AOU failed to gain traction with the market even when the nickel price remarkably punched through the US$100,000/tonne mark.
We are now holding onto our AOU shares to see if the company can have success with its nickel development projects or the Nevada lithium project and will look to exit on a re-rate so we can allocate the capital to new investments.
✅ Initial Investment: @25c
🔲 Top Slice
🔲 Free Carry
🔲 Take Profit
🔲 Price increases 300% from initial entry
🔲 Price increases 500% from initial entry
🔲 Price increases 1000% from initial entry
🔲 12 Month Capital Gain Discount
🔲 Hold remaining Position for next 2+ years
Auroch Minerals (ASX : AOU) is an Australian based company with a targeted focus on the
commodities involved in the Global Renewable Energy markets. It is the Company’s
intention to build a portfolio of quality assets with the specific focus on primary inputs
crucial for the Renewable Energy industry, with a key focus on Cobalt and Lithium, both
used in the production of Li ion batteries and Copper.
