Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

M8 appreciate for the perspective. any ideas about the gap...

First 297 Last

Share
Profile

Follow
qvbingerrr

243 Posts.

11

24/10/17

16:33

Post #: 28155375
Share

Originally posted by 8horse ↑

Based my research and personal understandings, Chinese companies would be more than happy to pay up to 50c based on current progress of the project. At 50c, is just around $1.1b which was similar to what TianQi Lithium paid for Talison (100% Greenbushes) back in 2012 where lithium price was at a quarter of today's price. Although AVZ's at exploration stage and its resource is not JORC defined, but over 70 years historical data and recent exceptional drilling results, are confident enough to estimate current exploration targeted resource, also tin by product would be huge.
Chinese do not care about DRC, probably not exploration target either. If it is cheap enough, they will onto it, imo.

Expand

M8 appreciate for the perspective.

any ideas about the gap 19.5-20.5c? and its distanced location from coast(harbour)?

AVZ Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

LU7

Strong PFS numbers solidify Lithium Universe's big plans for Québec

IRE

Iress runs 'hot' for Wealth Within's stock tips

Failure to report prompts ASX to impose multiple company suspensions

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 1,360 more messages in this thread...

First 297 Last

Add AVZ (ASX) to my watchlist

SPONSORED BY