AVZ 0.00% 78.0¢ avz minerals limited

Ann: Quarterly Activities and Cashflow Report, page-206

  1. 1,820 Posts.
    lightbulb Created with Sketch. 343
    Ok, doomsdayers. Had your fun ?

    over the next 4 months, a little glimpse of what I see happening, enjoy your moment in the sun.
    love people out who get pleasure out of seeing other people loosing money, interesting trait. Not!

    avz raise the 10 mill from Shareholders and patterson, at a discount sure, but you have to do what you have to do, Avz have done a huge amount on drilling on Roche dure and done an amazing job to get our 400mt JORC at 1.66%lith. It costs money you know.

    they realease their scoping study on a 5mt pa and 10mt pa economies of scale, very favourable no surprise

    they further remind people that the current 2mt pa has a capex off 150 million dollars and a net pa of 1.6 billion on 2mt pa alone. Chicken feed compared to the 1/2 a billion or more required for capex in Australia. 

    huayou convert all options at 10cents and raise approx 20 million in cash, why wouldn’t they? They are valued at 22 billion dollars. 20 million in cash for a 22 billion dollar company, drop in the ocean.

    avz starts to drill out carrier de l est and we double our JORC to 800 million tonnes at 1.66%

    dathomir mining company announce they have completed the road from Lubumbashi to Manono

    avz announce they have made an agreement to buy another 10% share of Manono, bring them upto 70% holding. Dathomir and comineer agree to a further free carry on the project. 

    the new government comes out and publicly acknowledges they will be mining friendly and announces to the world that the DRC has the biggest resource in the world at Manno and the drc will help power the worlds electric vehicles and batteries so we can get closer to being carbon neutral. 


    ramping, perhaps but I also believe this will happen. Just my opinion.

    12 months time huayou announce they have had enough and buy out all shareholders.
    happy days! 

    Goodnight
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.