AVZ 0.00% 78.0¢ avz minerals limited

450mt magnetite & 50 cents short term target , page-2

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    Ondjou prospect has 10km strike potential

    target is 1,250m tonnes or say 1 billion tonnes

    PLUS

    Delineated a sizable initial Exploration Targets:

    * Lower grade (20 to 30 %Fe) - Hammerhead ~ 900 Mt+ (mid point)

    * Higher grade 30%+Fe - Thresher ~ 150 Mt+ (mid point)

    total magnetite target is 2 billion tonnes

    2 billion tonnes @ 10 cent per tonne = $200m market cap

    option money gives AVZ enough funds to prove up 2bt over the next 2 years or even 18 months

    $200m divided by 137m shares = $1.46 share price target

    plus AVZ have some speculative base metals tenaments

    this post is not investment advice

    please... DYOR!
 
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