Ann: Response to ASX Price Query, page-183

I am not a heart as the only halo I like to see is one over my VB stubby, but I will answer it because frankly I think you are been michevious. The price that will be paid will be a proportion of the NPV value, and you should probably know that seeing you in other threads. What that price will be is anyone's guess but I expect it will be a lot higher than any other traditional plays sold before mining. I have previously stipulated a 50c - 75c price, and expect a full TO given the Chinese would want a more than 50% stake in the whole project, so this price is before mining because take this to mining and probably will get more, but price where it is now is all about proving up JORC so comments are around a good JORC eventuating. If you seriously want to understand NPV and takeover price before mining refer this post -Post #: 29971739 - and maybe do your own calculations if you think we are wrong.

As a guide and outside lithium, the Sirius deposit which was meant to be a world beater sold for more than $1.5 billion just before it actually went to mining from recollection (they were starting on capex I think at the time). But now sure whether will get that here, but once establish a measured and indicated resource I suspect for AVZ we can talk about 75c IMO here. Don't see any more than that unless take this to mining, but obviously size matters -see Post #: 31398217 for an initial resource estimate -and getting a positive NPV.
http://www.abc.net.au/news/2015-09-...sirius-takeover-by-independence-group/6747934

All IMO