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78.0¢ avz minerals limited

thanks for your contribution elpha. Just out of curiosity, do...

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MGT4eva

969 Posts.

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30/10/21

01:59

Post #: 57197378
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Originally posted by elphamale: ↑

Good to see still over $10m cash (2.7 quarters) in the kitty +@$4.75m in 6c options (last I calculated) to be converted by April 2022 = no worries re: general working capital requirements.

So finance wise, its all about the remainder of project funding, which will be mostly (if not all) debt based & likely to at a low-mid single digit finance rate IMO, especially given the already large equity commitment from CATH.

Payback should be under 2 years i.e. post BFS.

GLTA and have a great weekend.

Cheers

Elpha

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thanks for your contribution elpha. Just out of curiosity, do you have a comparison chart to show how the SP performed when PLS and other lithium explorers got their lining license?

AVZ Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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