AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-11514

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    $1.20 would be a bargain for 1.2bt of high grade lithium coupled with tantalum and tin.

    I think the initial JORC come Easter will be in the order of 300-400Mt and should command a SP in the order of $0.70-$1.00 depending on market sentiment (IMO)

    If no TO, then drill another 20,000m to firm up another 300Mt+

    A few dead duck lithium companies on the ASX have spent years firming up 1-5Mt of lithium and command a MC of like $20-50m.

    Enjoy the beer, you'll be able to afford the whole brewery shortly.
    Last edited by EagleOnEagleSt: 12/01/18
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