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78.0¢ avz minerals limited

How manymuch deposit has grown for Greenbushes? I don't think...

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8horse

34,304 Posts.

8997

20/11/17

16:40

Post #: 28957379
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Originally posted by Kikker1959 ↑

Horse that is correct but all these existing resources, KDR, PLS,GXY will keep growing also. They continuously upgrade their resources. These guys are to market now or soon, so this warrants a different valuation. Anyhow, I feel its too expensive for what it is right now. Current valuation feels right to me. Lets see what happens over the coming 3 months. Guess we know in April what is really in the ground there and after that a plan can be drafted how to get it out.

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How manymuch deposit has grown for Greenbushes?
I don't think there would be much upside for KDR, PLS & GXY's two relatively little hard rock deposits; BGS should have nice upside for further upgrade, imo.

The exploration target is usually lower than the late JORC resource, PLS, was 50Mt; BGS was 18-22Mt, etc.

Last edited by 8horse: 20/11/17

AVZ Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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