AVZ 0.00% 78.0¢ avz minerals limited

More peer EV/resource spodumene comparisons, page-2

  1. 686 Posts.
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    'Either some of the Australian peers are overvalued on a simplistic EV/resource tonne value or AVZ and its African peer are screaming buys.'

    Exactly. AVZ and BGS are massive deposits.
    Looking at the above comparisons, AVZ is super undervalued, 4billion MC right there if they can JORC just 656Mt. Could be >1-1.5blnMt of high grade.
    Same with the other cheap African play BGS. 33mt is their current JORC but they are expecting 100Mt+ which would also put them close to that $39/t AVZ is currently valued at.


    Good news is both of these companies will have upgraded JORCs very soon, possibly by end of year.
 
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