AVZ 0.00% 78.0¢ avz minerals limited

Ann: Response to ASX Price Query, page-181

  1. 3,618 Posts.
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    You speak on everyone’s behalf wow! Ok tell me then how much you would pay for 60% of Manono still hardly drilled and no assays and the other 100% extension that they haven’t sunk a drill bit into. Currently it’s 600 million dollars if you want it all. How much mate? They will have to then spend up to a billion capex before they make 1 cent. Do you think they will fork out 600m, 1b, 1.5, 2b and why?? I think it’s damn expensive now for what they have to spend to get to production with higher risk than other locations. Tell me why it’s got massive upside from $600m I would like to hear something of substance.
    Last edited by mattdamon: 01/04/18
 
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