AVZ
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0.00% 78.0¢ avz minerals limited

I'm a bit surprised at the market's reaction to today's...

  1. Joehax
    678 Posts.
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    22/08/17
    11:52
    Post #: 26658300
    I'm a bit surprised at the market's reaction to today's announcement, but think the long term fundamentals are still there and the prospect of a TO is quite appealing.

    Even if the remaining drill results are not mind-blowing, this is still a company that will move into production and generate revenue. At which point, conservative forecasts would still price this above 0.15c.
    Last edited by Joehax: 22/08/17
    AVZ Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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