AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-155

  1. 2,721 Posts.
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    I agree! My preference is for the company to drill more too.

    It all comes down to individual investment goals. Some people want to make a quick buck and move on before there's any further delay with the election scheduled for next year whereas I want them to drill more to increase bidding competition and to further investigate splitting the mine as @Scarpa and others have suggested before on this forum.

    IMO the current market valuation is based on big discount (DRC fear of untravelled Aussies and the transport/infrastructure uncertainty) to peers with single mines. People forget that AVZ really holds 60% of 2 x 500MT. If they can sell the two-mine proposition to the market, surely the value doubles? People are so simple, I bet splitting the tenement in 2 would do it.

    All musings - they could have already sold it
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