AVZ 0.00% 78.0¢ avz minerals limited

Possibly the world's largest hard-rock spodumene resource, page-2956

  1. 2,826 Posts.
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    Thanks Bdazle21 for posting the report. I like the clear timeline for production in 2019/2020. The setting up of the infrastructure and transport is underway and the necessary drilling program will continue giving exceptional results. Construction of the processing plant is not beyond this company. In comparison, Altura (a West Aust lithium company) borrowed $110 to build its plant and it will be producing early next year (loan to be repaid in 1.8 years). I think the directors at AVZ are too experienced to let a once in a career asset like this one slip through their fingers. Yes the market cap is only $120, but this will grow into $billions by the time production is underway (in the next two years). Good luck to all.
 
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Currently unlisted public company.

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