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03/08/18
03:16
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Originally posted by traz
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Agree with all saying chill in relation to buy/sell. It's only been 6 hours kids- with announcement almost on the open buzzer yesterday (late). It was also a down day. We have a 260 MT JORC at 1.63%, with less than 50% of the resource drilled. We have 43 MT measured! At a market cap of ~260 M, AVZ is priced at $1 per tonne. Factor in the 60% holding, all the transportation costs, all the processing costs, and whatever the hell you want- and it's still a vastly underpriced MONSTER. Then add in tin bonus, Chinese infrastructure interest, companies sniffing, projected lack of supply and shift towards hard rock deposits and you have a clear, historic bargain! The market will follow through with that. The geology speaks: the value is there. Large positions were taken yesterday, and many more will continue to be taken today. S/T holders are likely out. Big buyers aren't going to wait for next Ann- that is spin- some by attempted traders. Accumulation will continue today. There are wall to wall news articles this morning on this world beater. It will rise to value. FA gun is loaded. TA gun in final clicks of loading (or loaded depending on your view/read). Stay strong. Be proud. Hold tight. Happy trading from San Fran today, on month long hols with the fam. Can't wait for open at 5pm local time here! GLTAH.
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Fully agree ,top post!
Just an update :
Don't forget the statement from Nigel things ongoing to fast trek development.
Fear. Study/scoping study all on fast trek.
2nd half of the year an additional 20000m drilling program start continuing!
It looks like we have a new AVZ minerals company here which is completely undervalued in my point of view!
Great work AVZ Team......hold the course!!!!