The longer they drill the more they will prove up the more expensive it gets its that simple. The great thing with AVZ is that everyone knows its massive.....but how massive? 40,000 m might give us a clue.
I have never subscribed to the notion anyone in their right mind would pay for anything unproven [ JORC ]
I think we will drill and set a number, just as Scarpa says.
It gives upside for potential buyers and guaranteed resource and AVZ something to base any T/O number on.
Or we JV and mine it and realise the true value. AIMO DB
AVZ Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held