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AVZ avz minerals limited

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Steve98

13,940 Posts.

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06/04/18

17:34

Post #: 32280328
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Originally posted by sirhsv ↑

Some comments from holders today stated that the amount lithium and any further increases, will not increase shareholder wealth or share price. Given this, is the continuation of the drilling campaign considered a good investment or value to the all involved especially with the current cash burn rate?

At what point does the company consider itself as having enough product? Is having the 'Biggest Resource in the world" just a bragging point, where the cost associated with proving it, are unsustainable and unwarranted? Could the funds be better spent on infrastructure??

I know that I'd much rather start mining quicker, rather than drilling....

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I found myself asking this abit earlier on... AVZ is a monster...

If you would prefer mining quicker maybe reconsider your options if you're sitting on a big profit?

Not financial advice. Always good to keep and open mind and invest in places that answer your questions or goals from an explorer.

Never fall in love with a stock.

Last edited by Steve98: 06/04/18

AVZ Price at posting: 22.5¢ Sentiment: Buy Disclosure: Not Held
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Running discussion on SP, page-535

Top Stories

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