AVZ 0.00% 78.0¢ avz minerals limited

Ann: Spectacular Drill Results at Carriere de l'Este Prospect, page-4

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  1. 1,415 Posts.
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    I agree with you, it is a simple numbers game - eventually we hope and expect that extraction from Monano will become so cost effective in relation to other resources that it will come down to simple AISC costings, provided security can be ensured by the govt of DRC, for which it is absolutely in their best interests socially and economically. Profit margins will be much higher for AVZ compared to others that have to dig deeper, making the company more attractive to investors. We sincerely hope that when this happens, a capital raising is triggered for an ore processing plant to move operations upstream, reducing bulk transport tonnage and therefore total cstings, improving AISC further. We prefer a cap raising, as this would dilute holdings but boost potential prior to the 2021/2022 global output bottleneck approaching rather than taking the slow road to nowhere we have been on for far too long. Stop drilling, and put equipment in place to start mining, even if it is sitting in storage on site. Ship commodity price dependant. Take control.
 
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Currently unlisted public company.

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