AEV 0.00% 1.0¢ avenira limited

Ann: Jundee South RC Drilling Intersects Promising Mineralisation, page-50

  1. 934 Posts.
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    Regardless of the above, the fact remains that AEV needs a roadmap to near term revenue, otherwise the markets appetite for the company will evaporate faster than piss on the ground at Wonarah. There's next to zero interest in gold exploration and waning interest in rare earths presently, so that only really leaves the phosphate. If it can be shown that the phosphate can be accessed cheaply via strip mining and there is a market for the product, they need to get off their asses and make it happen.. People are dumping spec stocks and are laser focussed on producers ATM. As shit continues to go sideways into 2023/4, this is only likely to increase the cash outflows from explorers imho.
    Last edited by Sparktastic: 03/07/22
 
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