AEV 10.0% 1.1¢ avenira limited

News: AEV Avenira Receives Mining Authorisation For Direct Shipping Ore Operations, page-420

  1. 2,741 Posts.
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    To avoid any confusion and for our purposes at this stage, the Feasibility Study and Scoping Study should be regarded as the same thing, as it serves the same purpose (i.e. it's a "Goer" or not).

    Then let's consider the fact that Hebang ($B Business) has committed funds to the Yellow Phosphate Plant to proceed, with their investments. They know much more than us, so it's fair to say they believe is a "Goer", or why else would they invest $Ms? Avenira has the potential to become a Billion Dollar Business.

    My call, it is a "BUY" now, before it goes above 2 cents. As @number3 suggests it could be 15 cents with the Yellow Phosphate Plant operational. Probably higher than that IMHO, given the larger SHs will not be selling.
 
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