Just having a think about Nigels TO comment, IE no offers worthy yet. Elon Musk was about to pay 44 billion dollars for a 5 billion dollar a year producing asset (twitter)
using that as a comparison if AVZ was a 3 billion a year producing asset back in 2020 and a whole lot more in in 2022 what could be a potential TO price?, remembering now it is a potential 200-year mine life which would make the owner a price maker not a price taker,
If we swap twitter for AVZ that puts it at a TO price of around 12 dollars a share for AVZ. Yep id take that
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held