AVZ
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0.00% 78.0¢ avz minerals limited

The statement "$9.8 million Placement fully funds AVZ to Final...

  1. mlnta3
    67 Posts.
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    28/02/19
    03:22
    Post #: 37595409
    The statement "$9.8 million Placement fully funds AVZ to Final Investment Decision atthe Manono Lithium and Tin Project" is an interesting one to me. Last quarter expenditure was $5.6m and this quarter was projected to be $4.3m, so average of say average burn rate of $5m per quarter - does this suggest FID around the end of next quarter???
    AVZ Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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