📋  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.

Auroch Company Milestones
✅ Portfolio Launch
🌎 Tesla Deal with BHP
🔄 10c options conversion (November 30th 2021)
🔲 Project Funding 1
🔲 Project Funding 2
🔲 Unexpected Positive Announcement 1
🔲 Unexpected Positive Announcement 2
🔲 Unexpected Positive Announcement 3
Nepean
Main ‘Nepean Deeps’ Drilling Event

🔄 Drilling 3,000m (Nepean Deeps) – 6 diamond drill holes beneath historic nickel mine
🔲 Downhole EM Surveys at Nepean Deeps drill holes
🔲 Assays Results 1
🔲 Assays Results 2

Additional Project Milestones

✅ RC Drilling Programme 1 (shallow)
🟩 Assay Results
✅ Nickel Sulphide Mineralisation identified along strike
✅ RC Drilling Programme 2 (shallow)
🟨 Assays Results 1
🟨 Assays Results 2
✅ Diamond Drilling (shallow target around Nepean )
🟩 Assays Results
✅ Moving Loop Electromagnetic Surveys
✅ Drill Targets Identified
🔲 Results from Drill Testing
✅ Scoping Study Begins
🔲 JORC Resource Estimate
Leinster
✅ 1,200m Diamond Drilling (Horn)
✅ Assays Results
✅ 1,800m RC Drilling Programme (Horn)
✅ Assay Results
✅ Down Hole EM Survey
🔲 New Milestones Added
Saints
✅ Scoping Study Begins
🔲 New Milestones Added
AOU Investment Milestones
✅ Initial Investment: @ 25c
🔲 Increase Investment
🔲 Increase Investment
🔲 Price increases 250% from initial entry
🔲 Price increases 500% from initial entry
🔲 Price increases 1000% from initial entry
🔲 12 Month Capital Gain Discount
🔲 Free Carry
🔲 Take Profit
🔲 Hold remaining Position for next 2+ years

”Expected Company Milestones” are based on the company’s publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. “Our investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.

Key

🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
⚔️ Results from Other Company / Project
🔄 In Progress
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added

Investment Milestones for AOU
✅ 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