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78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-106

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Obe wan

4,786 Posts.

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28/09/17

15:19

Post #: 27524124
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Originally posted by blister ↑

I appreciate the size, but the cost of extraction, haulage, stripping back overburden, etc, power, water, staff, logisitcs will all need to be factored in before anyone will stump up a billion dollars. What if it costs a billion just to get it out of the ground, very unlikely, but those questions would need to be answered before anyone is re-rating this to 50c.

I'm very pro AVZ and in the stack... but i find the re-rate talks a little too optimistic sometimes.

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You forgot massive volumes with great grade 1.6m from surface ......absolutely amazing strip ratios, can you think of another with better ratios ? Oh strip ratios.. put down the calculator on this one and just pick up a beer

Wake me up when the party starts...can't be that far away

Last edited by Obe wan: 28/09/17

AVZ Price at posting: 10.8¢ Sentiment: Buy Disclosure: Held
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