AVZ 0.00% 78.0¢ avz minerals limited

I agree there will be a re adjustment for managed funds etc. But...

  1. 1,130 Posts.
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    I agree there will be a re adjustment for managed funds etc. But you overlook the facts that we have the biggest and the best deposit in the world for a commodity that has no ceiling for what people are prepared to pay. Every man and his dog will be out to grab some at 78 cents.
    The IRR would be crazy using todays lithium price.
    With the ML in hand it de risks the project ten fold, so this brings us up on the radar of projects for the majors to cherry pick from.
    We will move forward towards mining but my money says it will be named SAUDI AVZ LITHIUM before the first ton of spod is produced. Oh with about a $5.00 sp.
 
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