$2 at production stage...
I think its worth $1 now and $2.50 2/3rds of the way through drilling with the JORC formalising a 1.2 Billion Tonne Monster of Manono and likely heading towards a 2 Billion Tonne Monster as per Klaus the CEO of AVZs thinking.
This ASX market is slow to realize the massive scale of Tonnage and Value.
Drilling starts in a month. Then its only 6 months before investors could see a possible 1,000% profit from todays sp.
If the 4 or 5 Chinese companies initiate Buy Out offers then We may see $1 tabled quickly. A 300% profit from todays price.
IMHO
GLTAH.
AVZ Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held