Yes, that is the major challenge for AVZ.
Nonetheless, they do have a massive resource, but major challenges on issues of infrastructure and transport.
Eventually they will get there, it may take several more years though.
CXO, on the other hand, will start selling their Li, at the end of this year.
And at the same time, expanding their resources. Great time to be holding.
I suspect Mr Market is starting to re-rate this stock.
Banter and general comments, page-6873
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Last
11.3¢ |
Change
-0.008(6.25%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $1.230M | 10.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 93 | 4688922 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1832867 | 41 |
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| Last trade - 15.01pm 16/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |