another first post wonder no doubt … apologies if your actually genuine, but we get a lot of first post / historically ‘many posts’ under a different nic posters here .
Difference between AVZ ML and others, is the DRC discount basically gets belted out of the park and a resource which is multiple tonnage , superior grade with fantastic mining economics comes into play Against $3-4b MC Australian explorers with pretty rubbish resources in comparison ; some whom are even considering underground mining which would drop their Jorc Tonnage to about 40% based on recovery norms..but don't mind me .
AVZ’s grant of ML will formally bring a huge player to the scene which was effectively disregarded by many. 400mt to a potential of 1.5-2billion tonne of high grade spod.....Compare tonnage / grade and MCs to anything else in Oz....mulipliers will come into play imo.
AVZ Price at posting:
$1.03 Sentiment: Buy Disclosure: Held