So in actual fact Andrew Cole sees OZL With this bargain acquisition being a near 5Billion Dollar Company in a few years lets stretch it out to 5 thats an even handful.
So in 5 years OZL could be a 5B Co for the outlay of 444M plus setup costs of mines etc to the rough tune of 200M plus.
Therefore if rough calculations are correct and lets say all goes well in the very complicated Brazil Mining game then the figures could be seen to climb towards these...
OZL - 2.6B now.
AVB - 444M cost plus lets say 250M financing into production..
All being well by 2023 Andrew Cole sees the Market Cap for OZL at approx 5B......
Therefore if AVB could get Finance and continue as planned with permitting, liscensing etc it could be (according to Andrew Cole) a 2B plus Company in its own right should everything go to plan with Financing etc...
So at 2.4 Billion MC with lets say as much as 3 Billion shares on issue then thats a substantial expectation in the Share Price of little old Avanco.
Many many ways this deal could fall over change tact, or go a whole different direction todays ANN in my own way reads as though the handshakes and agreements prior to the official offer were perhaps rushed and insinuated more so than GAURANTEED and papered by the legal eagles.
Interesting to see what unfolds next.
AVB Price at posting:
15.8¢ Sentiment: Hold Disclosure: Held
