AVZ avz minerals limited
Add to My Watchlist 0.00% ! 78.0¢

AVZ owns 60% of the lithium deposit at 30 cents, it market...

  1. ddzx
    37,911 Posts.
    lightbulb Created with Sketch. 828
    clock Created with Sketch.
    08/11/17
    12:43
    Post #: 28603029
    AVZ owns 60% of the lithium deposit

    at 30 cents, it market capitalisation is AUD$657M, valuing the whole lithium deposit at AUS$1.1 billion or US$830M

    the director sold 28% of their share at 15.5 cents each

    therefore, an investor generally makes some estimate of what they think the company or the lithium deposit is worth?

    currently the lithium deposit is valued at AUS$1.1B or US$830M

    how much do you think the Chinese will pay? US$1B? US$2B? US$3B?

    who knows?
    Last edited by ddzx: 08/11/17
    AVZ Price at posting: 29.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Agreement to acquire 50% of the Central Tanami Gold Project
right-arrow Created with Sketch.
NEWS Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
right-arrow Created with Sketch.
NEWS Nyrada advances to final cohort in Phase I clinical trial of Xolatryp
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
NEWS Anson Progresses POSCO Due Diligence with Bulk Green River Brine Shipment to Korea
right-arrow Created with Sketch.
NEWS La Negra delivers growth with exceptional silver equivalent drill results
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.