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05/05/18
00:40
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Originally posted by TheAviator84
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Everybody seems to forget about the recent interview with Nigel, and would rather speculate on AVZs direction.
Let me refresh your memory with the facts:
"We are very bullish about our project, we believe it's going to deliver and we're not overstating what we think we can deliver"
"We're very bullish about the project" (yes he said that twice)
"It's a world class asset and that will come out when the drilling results are through"
"Manono was mined for tin from about 1910 through to 1980"
"It's super big" (the pegmatite, lol)
"First resource calculation in June"
"...with the view to fast tracking things as quickly as we can to get into production"
"We're fully funded with about 23 million in the bank"
"We've had a LOT of interest from a lot of the Chinese battery makers very early in the peace aswell but we've sort of batted them back!" (Not enough resource to get maximum value for shareholders)
"We're engaging with several entities at the moment about engaging in strategic investment"
"Scoping study and DFS in train within the next 6 months".
Speculate all you want but them's the facts.
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Excellent pros but could you explain the sharp retrace please?