Beaner68
Management can have conviction based on thier decades of geological experience to be confident that what they have seen so far will end up becoming a mine...!!!???
Isn’t that what we pay them for!?
I don’t know what you do for a living but I’m sure you could draw an analogy with your work and you’ve probably heard yourself making a statement based on your experience about something that you have an opinion within your field of expertise? Like giving an ‘opinion’ or ‘likely outcome’ for a given situation?
I’m glad they are confident,whoever they are, and it’s called speculation for a reason.... it’s not insider trading, it’s thier opinion!!
You can wait for the JORC and PFS and DFS and funding and commissioning and maybe the first year of production etc. to be ‘certain’ it’s a mine!!!
But then of course AVZ probably won’t be 25c - maybe $2.50 given how big this asset could be...
GOOD LUCK finding value with that approach Beaner69....
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