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78.0¢ avz minerals limited

I wouldn't say most people have no patience. Instead, most DT...

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26/02/18

11:25

Post #: 31341823
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Originally posted by Kikker1959 ↑

Come on horse , call it as it is. This is not what was expected. Pump was there big time, Easter eggs, BMW deal, big Chinese JV, producing within 12 months as the Chinese build railway stations in 9 hours etc etc. Nothing wrong worth he $15m, miners need money. The fact is that this project will take years and years to complete. No TO on the horizon, just slow grind. The SP will slip back to low 20s IMO as most people have no patience. Money will flow to other specs or to close producing miners. TAW, AJM, PLS imo.

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I wouldn't say most people have no patience. Instead, most DT have no patience.

Also, I haven't seen many "slow grind" stocks that are at the start of a drilling program to prove JORC. They way I see it, PLS is much more of a slow grind stock until its first production in comparison to AVZ. I hold PLS btw.

AVZ Price at posting: 26.5¢ Sentiment: Hold Disclosure: Held
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