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| Report | Date | Price | Return | |
| WA Nickel Developer in Close Proximity to BHP’s Smelter | 24-Mar-21 | $0.215 | -42% | |
| This ASX Stock to Help BHP Help Tesla? | 24-Mar-21 | $0.215 | -42% | |
| AOU Delivers Us An Early Result | 31-Mar-21 | $0.250 | -50% | |
| How Our Investments Performed in Q1 of 2021 | 21-Apr-21 | $0.205 | -39% | |
| Promising Signs for a Potential New Nickel Sulphide Discovery | 28-Apr-21 | $0.185 | -32% | |
| AOU is Drilling a High Priority Nickel Target Now | 06-May-21 | $0.230 | -46% | |
| AOU to Drill for Nickel Underneath Historic Nickel Mine | 23-Jun-21 | $0.15 | -17% | |
| AOU finds new drill target – so good they decide to drill it immediately | 07-Jul-21 | $0.180 | -31% | |
| Tesla inks Nickel deal with BHP – AOU Drilling for Nickel near BHP smelter | 23-Jul-21 | $0.197 | -37% | |
| The Great WA Nickel Race has Begun | 29-Jul-21 | $0.205 | -39% | |
| AOU starts Scoping Study as 6 hole Nickel drilling campaign commences | 01-Sep-21 | $0.165 | -24% | |
| What have our portfolio companies been doing? (Part 1) | 10-Nov-21 | $0.155 | -19% | |
Auroch Minerals Ltd ASX:AOU
Company
Current Price
First Coverage
Date
Price
5 Day VWAP
VWAP Returns
Our Entry Price
Our Returns
| Current Price |
$ 0.125 |
| First Coverage |
24-Mar-21 $ 0.215 |
| 5 Day VWAP |
$ 0.218 |
| VWAP Returns |
-43% |
| Our Entry Price |
$ 0.250 |
| Our Current Returns |
-50% |
Past Coverage
Overview
📋 What does Auroch do?
AOU is a nickel sulphide focused base-metal resource company building value through targeted high-impact exploration in Western Australia. AOU has three nickel projects in WA.
🌏 Macro Theme
Tesla chief executive Elon Musk commented that nickel was the company’s “biggest concern” in scaling lithium-ion cell production. Nickel is one of the priority metals in the manufacture of Tesla’s batteries and the car giant is looking to increase its nickel supply. There may also be some direct investment from other auto manufacturers who have expressed a desire to move to a vertically integrated model whereby they have better control over the supply chain in relation to commodity inputs. From a longer term perspective, analysts are generally expecting tailwinds for the nickel price due to increasing demand from the electric vehicle industry. The World Bank predicts that Nickel demand is guaranteed to increase by some of the most dramatic figures by tonnes.
Why We Invested
Tight capital structure
Potential quick translation from exploration to production
Proximity to processing facilities
Previous management believed the resource extended beneath the historic mine
AOU has existing Nickel resources of over 1.6m ton at 2% Nickel
Processing...
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