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AVZ avz minerals limited

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The Future?, page-636

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12 Posts.

08/01/21

21:04

Post #: 50046494
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Originally posted by ricky_banker: ↑

According to the DFS Scope Study last year, It has a mine life of 20 years.
If we count Year 1 after the Production Date eg Q4 2022, Probably, many shareholders would have completely sold out within 5 years.
Click thumb up if you are NOT in that category.
Lets imagine, you are 25 today and hold 10k shares
Come production time, you will be 27.
If you hold this for 20 years (assuming no TO),
Can you imagine the value of your investment?

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It's an interesting point Ricky, how many long term holders will sell out in between 50c and a dollar perhaps? Will it effect the share price

AVZ Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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The Future?, page-636

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