This bit should get some punters throwing some at it tomorrow, see below
If all goes to plan, shareholders could easily be looking at a market capitalisation of $500 million by year’s end. This is based on comparison analysis with its peers. Considering the larger producing nickel company valuations, and the operating cash flow potential of $100 million per year at 1.8% grade nickel, this forecast is rather conservative. It suggests a 575% return on today’s trading price.
AVQ Price at posting:
36.0¢ Sentiment: Buy Disclosure: Not Held