AVZ 0.00% 78.0¢ avz minerals limited

Ann: Board appointments, page-101

  1. 9,126 Posts.
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    To be frank, those targets are ridicously low. Seriously low. If the drill bit around holes 1 and 2 and 7 come in as expected the SP will be above those prices without any work from those the subject of this Ann. I would have thought tranche 1 be priced at 50c, tranche 2 at 75c and tranche 3 at $1. That is because those prices would be more akin to moving to a mining stage because as I have posted in the past if we do not go to mining I doubt a TO price would be higher than $1 here - see embedded post below for my reasoning. Need value for money here rather than giveaways for what obviously the drill bit could bring to the SP (that is 50c I am talking here) without much input from those the subject of this Ann. All IMO
    Refer post -Post #: 29971739
 
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