So true my friend, I shifted 90% of AVZ too TAW now , it' a lot...

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26/11/17

21:38

Post #: 29128049
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Originally posted by ohreally ↑

I think you'll need to factor in a bit more than that for a true comparison, including sovereign risk, production costs, distance to port, time to production, binding offtakes, future drilling, managements past credentials, jorcs, dfs, psf, etc, etc.....dont get me wrong Im long AVZ and have been since around 3cents, but take for instance TAW who is next to produce with plant over 80% complete already which seems to have slipped under many a radar lately, MD who literally wrote the book on pegamites in Western Australia, projects within Australia, first shipment(not just production) aimed for next quarter, EV company just threw $20million at it at a share price of 35cents(a premium at the time), has an absolute sheetload of drilling to do which it will be fully funded to do but are smart enough to bring in big revenue first, Tawana’s(TAW) 100%-owned Cowan Project alone covers a 26km strike of two rare earth pegmatite belts over 721km2, add to that management that have constantly under promised and over delivered lately....the list goes on, but just saying pretty hard to compare a company whos a stones throw away from big revenue and pretty safeguarded from more dilution to a company who is a couple of years away from production

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So true my friend, I shifted 90% of AVZ too TAW now , it' a lot safer stock and will get to $1 Far faster then AVZ..It blew past it all eady and ready for next leg up..

AVZ Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

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