Really $20. To construct a mine that size in central Africa is a massive, massive challenge. Base on the last few hard rock plant constructed around the world in recent years, if AVZ can get it done by mid 2025 it will be major achievement bearing in mind, 3 - 4 months of non production wet season a year over there. How the SP behave from now to production is anyone guess and largely depending on performance of the project delivery on time and cost. One thing is for sure, it won't be blue sky and sunshine all the way. The Directors have done very well with good remuneration and rewarded themselves with heaps of free shares ahead of granting of ML and construction start, hopefully they can deliver for shareholders
AVZ Price at posting:
92.0¢ Sentiment: Hold Disclosure: Not Held