Ann: Results of Annual General Meeting-AVB.AX, page-248

Which reputable world forecaster is that AC? You?

I get to see a collection of 20 to 30 of the top forecasters going out to 2025. Many of them are in the same value range as TP (although he is a touch higher in 2018). Most are north of $3 at the point in the cycle where PB is likely to be in full production and AVB pumping out up to 60,000 tonnes a year as a 1st quartile producer.

He also stated at the AGM that they only need a sustained $2.20 to move forward with the build on PB ideally starting next quarter and that around $2.50 would see them very comfortable from a profit and growing the company perspective.