Drills/widths are still bigger then any other ASX listed co.. If anything IMO it will sure up the potential of AVZ being the biggest Li player in the future.
I got the MC at around $320 mill at 0.16 .. If i've got that right & If pending assays are the same , i would think 20 - 25 c will be a new base or around $500 mill MC, that valuation is speculating AVZ will be 2-3 times bigger then PLS
P.S. you don't go raising $15 mill cash without having some assurance.. i think they knew the results are good, IMO of course
AVZ Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
