I just have a question... This is a cracker of a deposit yea? There isnt any doubts about it. Its miles away from any ports.
Pretty much the only player in the game for this deposit would be the chinese yea? So my question is, how much would they be willing to pay consider the chinese govt would have a say in everything literally from the construction of roads/railways, chinese companies owning the deposit. Do we need to lower our expectation on that? China isnt going out there paying ridiculous prices anymore for any mining deposits anymore.
We arent talking about chump changes here for the infrastructure and I am fairly sure the mine development cost would be substantial.
It kinda hit me today with this result, great but why are we only 1c higher? MC without dilution would be around 270m. Would they really pay 1b or more if they know no one else would bid against them?
AVZ Price at posting:
15.5¢ Sentiment: None Disclosure: Held
