Ann: AVZ to raise $15 million to fund further work at Manono, page-137

this post by @collinsstreet said: "i think my money is going to go a way lot further over at KDR...", which prompted me to check out what is going at 128MT ( ) KDR and compare KDR to 1,280MT AVZ and to at least ensure myself AVZ is a better investment

OK. since the AVZ deposit will be around 10 times larger than KDR, with smaller strip ratios & credits for another minerals, i will assume the AVZ operation will be 3 x larger, with 3 x the capital costs but with 50% of the operating costs

my comparative calculations based on the numbers found in the KDR scoping study is:

1. KDR is currently trading on a PE ratio of 15 ( ) based its current share price of $2. for a 25 year mine life operation, KDR already seems fully valued given one does not expect a 25 year company to trade on a PE ratio greater than 15

2. using the same numbers for AVZ, the value comes to $1.25 per AVZ share or a four bagger for the new investors


numbers below: