No hype here...72 years of Brownfields historical data and multiple 200m plus high grade lithium world record breaking intercepts,
DO NOT LIE!...together with a lithium exploration target that doubles after each drill result....from
"400-800 million tonnes to between 1-1.2 BILLION TONNES of 1.25 to 1.5% Li2O"(12th September).....Klaus Eckhof, CEO of AVZ stated that AVZ's lithium resource could easily reach between one and two billion tonnes.....So the next estimation after drilling...
TWO BILLION TONNES???
in Q1 2018! ; the SP at that stage???
....
Mine commissioned and operational by 2019/2020!!!,
right in the sweet spot to absorb lithium demand in the EV/storage revolution!...All this is from objective company findings and expectations;
not HYPE!.....just see excerpts from AVZ's AGM presentation below:
and this from the knowledgeable and well respected poster Scarpa:
"Note to others: The measured and indicated resource reported in this AGM if true is three times that of PLS. AND THIS IS THE BEGINNING ESTIMATE! Drill spaces at 50 metres a fundamental to establishing a proper JORC. Fact drilling beyond 250 metres to 400 metres suggests the resource goes to depth and many here were excited with the results from hole 1 and 2 and 7 which just went to 250 metres (which was bloody good to start with)"
Also, I would read Robleeway's informative comments in the thread above, particularly his last point:
5.
"The sale could take days weeks or months. It won't take years. Klaus is going to get the best deal for shareholders, not the quickest deal. If the buyers won't open their wallets wide until more drill results, so be it, we'll give them more drill results.
All we need to do is wait for the news!"
I've been in this game for many decades and a few weeks and months is nothing to wait for a company with such
outstanding fundamentals!
In the case of AVZ;
Patience is truly a virtue!!! AIMO
Personally, I think with the weekend upon us and thus a time to reflect, the penny will drop that
AVZ at its current price is a gift! considering what is coming with the drill program soon to begin, which will produce a constant stream of news as drill results come to hand, not to mention the possibility of MOU's/further investment and takeover offers! As I and many learned posters have repeated many times on here, if AVZ's results are as expected in size and grade(consistent high grade 200m plus intercepts/ONE/ONE point TWO to TWO BILLION TONNE JORC)
$1.00 will be a conservative takeover price! AIMO
Excited to be invested in AVZ!!! GLTAH.
