AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ achieves record intersection at Manono, page-89

  1. 64 Posts.
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    Looking back at AVZ November presentation they were aiming for approx. 230m wide intersection. So the estimate was out by approx. 28% (Woo-Hoo! For all us holders). This must mean a huge uplift in resources/reserves to be announced in the future.

    Theoretically, this should be good, not just for us holders, but also for the Congo population as it will create stable employment in a mine that will no doubt be operated with safety in mind and also contribute $ to both the Congo & Australian Governments via royalties/taxes. And help to drive growth in environmentally friendlier vehicles. Winners and grinners all round, I think.
 
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