AVZ avz minerals limited

Running discussion on SP, page-6628

  1. 3,827 Posts.
    lightbulb Created with Sketch. 79
    It’s absolutely no doubt a “tier 1” deposit - been upramped to this effect at least 10,000 times on this forum, and by some individual posters 100s of times again and again

    But that’s mistaken thinking:

    What’s missing in the project equation is

    - infrastructure requirements (rail/road, power etc)
    and
    - transport costs, which can turn a tier 1 cost deposit into tier 2 or 3 or worse

    Who would want to own AVZ if the story explicitly was “high cost” not just that it’s big and high grade?

    But - until the infrastructure and transport costs sorted - that’s where it is at.

    I can’t see the justification much higher sp until these issues sorted favourably.
 
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