AVZ 0.00% 78.0¢ avz minerals limited

Ann: Positive metallurgical test work results for Manono, page-68

  1. 10,731 Posts.
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    Oz, I think you are spot on. Much of the expectations is already priced into the SP. Its therefore more likely that there is down ward pressure on the SP in the short term, than upward pressure. The bullish timelines were never realistic and this will take years before it is in production. Looking at the mine pics of PLS and to see what needs to be build and trucked in for a 2Mtp mine is mind boggling. Its a massive infrastructure and will require could labour, roads and power.
 
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