'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.
More peer EV/resource spodumene comparisons, page-2
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online